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SEB's profit fell 5 percent to SEK 9.4 billion
Business News

SEB's profit fell 5 percent to SEK 9.4 billion

The Wallenbergs' bank SEB reported an operating profit of SEK 9. 4 billion for the first quarter, 5 percent lower than a year earlier
The bill for a child is skyrocketing - up to a million kronor
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The bill for a child is skyrocketing - up to a million kronor

Over the past ten years, the cost of raising a child has risen by almost one million kronor. From cradle to their 18th birthday, a child now costs 2
More investors are investing in nuclear weapons - dangerous times, report says
Business News

More investors are investing in nuclear weapons - dangerous times, report says

Investments in the nuclear weapons industry are growing, a report by the organizations Pax and ICAN shows. "This is the most dangerous time in my lifetime when it comes to nuclear weapons and the risk of their use," ICAN's program director Susi Snyder told TT
SEB lowers mortgage interest rate on variable-rate mortgages with a three-month fixed term to 3.94 percent
Business News

SEB lowers mortgage interest rate on variable-rate mortgages with a three-month fixed term to 3.94 percent

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
Bank economists do not expect interest rate hikes this year
Business News

Bank economists do not expect interest rate hikes this year

Heavily leveraged households, tenant-owner associations and companies can still hope that the key interest rate will be left unchanged this year. That is the view of both the state mortgage bank SBAB and SEB, the major bank in the Wallenberg sphere
Financial professionals unsure about Kevin Warsh as new Fed chief
Business News

Financial professionals unsure about Kevin Warsh as new Fed chief

Financial professionals are skeptical about whether President Donald Trump's nomination of Kevin Warsh to be the new Federal Reserve chairman will receive a green light in the Senate. The Trump administration's threat to impeach outgoing Fed Chairman Jerome Powell is being cited as a major obstacle
Breaking the trend for mortgages - more people are fixing interest rates
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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
Prepared for reduced mortgage rates - make demands on the bank
Business News

Prepared for reduced mortgage rates - make demands on the bank

Mortgage lenders' borrowing costs are clearly falling after the ceasefire agreement between Iran and the US. Now the question is whether the banks will lower their mortgage rates
Marcus Wallenberg joins Zelenskyy's advisory group for Ukraine's reconstruction
Business News

Marcus Wallenberg joins Zelenskyy's advisory group for Ukraine's reconstruction

Marcus Wallenberg will be appointed to Ukrainian President Volodymyr Zelenskyy's advisory group for the country's reconstruction.
Oil disruptions now spreading across the world
Business News

Oil disruptions now spreading across the world

Now, oil disruptions will spread across the world when the last tankers that left the Strait of Hormuz before the Iran war reach their destinations and are not followed by others, writes Dagens Industri.
World Cup boost for the economy - but risk of sleep deprivation
Business News

World Cup boost for the economy - but risk of sleep deprivation

Crowded restaurants and shopping carts full of bags of chips. Sweden playing in the World Cup this summer could give the economy a boost, says Robert Bergqvist, senior economist at SEB
Riksbank Governor Thedéen questions why banks are not raising savings rates
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Riksbank Governor Thedéen questions why banks are not raising savings rates

It is not surprising that the major banks have started raising interest rates on variable-rate mortgages, according to Riksbank Governor Erik Thedéen. The banks' financing via market rates has become more expensive
More major banks are raising variable mortgage rates
Business News

More major banks are raising variable mortgage rates

The state-owned mortgage bank SBAB is raising mortgage interest rates by 0. 05 to 0
Swedish households have low expectations for reduced food VAT
Business News

Swedish households have low expectations for reduced food VAT

Swedish households do not believe the government's VAT reduction on food will lead to cheaper food, according to a survey commissioned by the bank SEB. Halving the food VAT is not a life-changing situation, says SEB's private economist Américo Fernández
New mortgage rules - what you should know
Business News

New mortgage rules - what you should know

The rules of the housing market are changing. Eased amortization requirements and a higher mortgage ceiling are intended to make it easier for first-time buyers
Another major bank raises mortgage rates as SEB increases fixed rates by 0.25-0.40 percentage points
Business News

Another major bank raises mortgage rates as SEB increases fixed rates by 0.25-0.40 percentage points

Major bank SEB is now following other lenders and raising fixed mortgage rates.
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 threat of war: recession and high inflation risk in the eurozone
Business News

The threat of war: recession and high inflation risk in the eurozone

The effects of the war are starting to be seen in the eurozone, preliminary purchasing managers' indices show. More and more factors point to weaker growth and upward pressure on prices
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
Big differences in bank fees - Danske Bank is the most expensive
Business News

Big differences in bank fees - Danske Bank is the most expensive

A review by the comparison service Zmarta/U Score shows that different banks charge their customers fees that differ by several hundred Swedish kronor.
Crises in a row make us repeat the same mistakes
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Crises in a row make us repeat the same mistakes

Today's economic crises come and go at breakneck speed; faster is better. It is possible that we forget faster than before
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