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Mortgages are falling, but savings have become the banks’ new profit engine
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Mortgages are falling, but savings have become the banks’ new profit engine

The major banks are currently earning less on customers' mortgages. They are making that up with savings
Stockholm stock market slips 0.1%, Axfood slumps 14.9% after quarterly report
Business News

Stockholm stock market slips 0.1%, Axfood slumps 14.9% after quarterly report

The Stockholm Stock Exchange closed Wednesday down 0. 1 percent - despite falling oil prices and positive news from the US
Handelsbanken mortgage lending hit by sharp fall in net interest income
Business News

Handelsbanken mortgage lending hit by sharp fall in net interest income

Handelsbanken, one of the leading players in the Swedish mortgage market, is performing worse than expected. Net interest income - the bank's profit from the difference between deposit and lending rates - fell unexpectedly sharply
Norwegian bank DNB posts slightly better-than-expected second-quarter profit
Business News

Norwegian bank DNB posts slightly better-than-expected second-quarter profit

The major Norwegian bank DNB reports a profit before tax of 13. 0 billion Norwegian kroner for the second quarter
Strong reporting season expected as earnings flood begins next week
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Strong reporting season expected as earnings flood begins next week

The flood of reports gets going in earnest next week. The economy looks good, says Lars Söderfjell at the Bank of Åland
Poland’s Saab submarine deal to create thousands of jobs, company says
Business News

Poland’s Saab submarine deal to create thousands of jobs, company says

Poland has signed an agreement to buy three A26 submarines, the so-called Blekinge class, from Saab. The first is to be delivered in 2031
Handelsbanken lowers mortgage rates, cuts 3-month and 5-10 year rates by up to 0.14 percentage points
Business News

Handelsbanken lowers mortgage rates, cuts 3-month and 5-10 year rates by up to 0.14 percentage points

Handelsbanken is lowering the interest rate on longer-term mortgages, according to a press release.
Government replaces AP fund chairmen after Northvolt bankruptcy
Business News

Government replaces AP fund chairmen after Northvolt bankruptcy

Sharp criticism has been directed at the AP funds' investments in the battery company Northvolt. Now three of the funds will have new chairmen
Biggest boost to producer prices in Sweden since 2023
Business News

Biggest boost to producer prices in Sweden since 2023

The effects of the war in Iran are now starting to have an impact on the Swedish economy. Producer prices - what companies charge each other - are rising at the highest annual rate in just over four years
AP CEO changes jobs, goes to Handelsbanken Fonder AB
Business News

AP CEO changes jobs, goes to Handelsbanken Fonder AB

Women outperform men on the stock market in the first quarter
Business News

Women outperform men on the stock market in the first quarter

Women's shares had significantly better price performance than men's during the first quarter, new statistics show.
Trump's new tariff threat hits Volvo Cars, leaving it uncomfortable
Business NewsTop News

Trump's new tariff threat hits Volvo Cars, leaving it uncomfortable

President Donald Trump's new tariff threat against the European car industry could hit Volvo Cars, which is already under pressure. The company could be a clear loser - if the announcement becomes reality, Handelsbanken automotive analyst Hampus Engellau warns
Handelsbanken lowers growth forecast for this year to 2.1 percent
Business News

Handelsbanken lowers growth forecast for this year to 2.1 percent

Handelsbanken's economists lower the growth forecast for this year to 2. 1 percent on a calendar-adjusted basis, down from 2
The Stockholm Stock Exchange fell, weighed on by the big banks
Business News

The Stockholm Stock Exchange fell, weighed on by the big banks

The Stockholm Stock Exchange fell on Thursday, with the broad OMXS index down 0. 3 percent
The stock market turned negative - ABB against the tide
Business News

The stock market turned negative - ABB against the tide

The Stockholm Stock Exchange moved lower on Wednesday afternoon and the broad OMXS index closed 0. 4 percent lower
Handelsbanken CEO wants more branches
Business News

Handelsbanken CEO wants more branches

Despite investments in technological development, Handelsbanken is sticking to its traditional branch strategy and has no major staff reductions in the pipeline. "I would be happy if there were more," says Handelsbanken CEO Michael Green, about the number of branches going forward, in connection with a quarterly report
Breaking the trend for mortgages - more people are fixing interest rates
Business NewsTop News

Breaking the trend for mortgages - more people are fixing interest rates

More Swedes are choosing to fix their mortgage interest rates in the wake of the war in Iran. A clear trend shift is visible among SBAB's customers
Stock market day in Stockholm: OMXS up 0.4 percent, BioArctic recovers somewhat
Business News

Stock market day in Stockholm: OMXS up 0.4 percent, BioArctic recovers somewhat

The Stockholm Stock Exchange closed in the red. Pharmaceutical company BioArctic recovered somewhat after earlier losses
Full focus on the Iran war in flood of first-quarter reports
Business News

Full focus on the Iran war in flood of first-quarter reports

There is full focus on President Donald Trump and on how the war with Iran is unfolding ahead of listed companies' first-quarter reports. That is all the market is looking at
Expert: Get used to high gasoline prices in Sweden
Business News

Expert: Get used to high gasoline prices in Sweden

The price of fuel in Sweden will continue to rise, according to Christian Kopfer of Arctic Securities. Somewhere between 25 and 30 kronor per liter is the most reasonable estimate for the summer, he says
No Happy Easter on the Stock Market - Heavy Fall
Business News

No Happy Easter on the Stock Market - Heavy Fall

The Stockholm Stock Exchange took its Easter break with a sharp drop in prices. The broad OMXS index closed down 1
Stock market decline - Boliden shaken by seismic damage
Business News

Stock market decline - Boliden shaken by seismic damage

After three days of gains, the Stockholm Stock Exchange lost ground and the broad OMXS index fell 1. 3 percent in an oil-driven decline
Falling oil prices and rising Stockholm Stock Exchange
Business News

Falling oil prices and rising Stockholm Stock Exchange

The Stockholm Stock Exchange rose 1. 3 percent on Wednesday, while oil prices fell
The Stockholm Stock Exchange rose, but the major banks fell
Business News

The Stockholm Stock Exchange rose, but the major banks fell

The Stockholm Stock Exchange's broad OMXS index closed Tuesday, up 0. 4 percent, after brisk trading
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