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Euro Zone Growth Surges in July Driven by Service Sector

Germany is increasing the level of activity. And France is easing off the brakes.
Euro Zone Growth Surges in July Driven by Service Sector

Uncertainty Dominates Stock Market After Key Reporting Week

Summer's really heavy reporting week is completed. The professionals see a consistent theme: uncertainty.
Uncertainty Dominates Stock Market After Key Reporting Week

Sweden's Price Base Amount Increase for 2025: Minimal Impact on Benefits

Pensioners and students can count on almost 100 kronor more in their wallet per month. This will be the effect of next year's increase in the price base amount, according to Swedbank's calculations.
Sweden's Price Base Amount Increase for 2025: Minimal Impact on Benefits

SEB Becomes Sole Major Bank Investing in NATO-Based Nuclear Weapons

The Wallenberg sphere's major bank SEB opened up in June to invest venture capital in and lend to nuclear weapons manufacturers – if they are based in NATO countries. The other Swedish major banks have not followed suit.
SEB Becomes Sole Major Bank Investing in NATO-Based Nuclear Weapons

Swedbank Profit Decline Beats Expectations Despite Economic Challenges

Both profit and net interest income fall. But major bank Swedbank – one of the largest in the Swedish mortgage market – is performing better than expected.
Swedbank Profit Decline Beats Expectations Despite Economic Challenges

Stockholm Stock Exchange Falls 0.8% Amid Volatile Trading

The Stockholm stock exchange fluctuated up and down during Wednesday but in the end the broad OMXS-index closed at a minus of 0. 8 percent.
Stockholm Stock Exchange Falls 0.8% Amid Volatile Trading

Trump Shifts Tactics with 100% Tariff Threat Against Russia

The threat of 100-percent tariffs against Russia is a sign that Donald Trump has changed tactics – from economic carrot to stick, according to Robert Bergqvist, senior economist at SEB. .
Trump Shifts Tactics with 100% Tariff Threat Against Russia

Stockholm Stock Exchange Gains Favor Amid Uncertainty, Says Swedbank Strategist

Uncertainty has characterized the first half of the year on the stock exchange. Do not count on more clarity when the reporting season begins.
Stockholm Stock Exchange Gains Favor Amid Uncertainty, Says Swedbank Strategist

Service Sector Growth Surges in June with PMI Reaching 54.6

Purchasing Managers' Index for the service sector rose in June to 54. 6 according to Swedbank and Silf.
Service Sector Growth Surges in June with PMI Reaching 54.6

Swedish Industry Growth Slows in June

The temperature in the Swedish industry fell last month, shows the purchasing managers' index for June. The index fell from revised 53.
Swedish Industry Growth Slows in June

Swedbank Acquires Digital Mortgage Lender Stabelo

Swedbank is buying the mortgage institute Stabelo. The intention is to "reach more customers on the mortgage market", according to a press release from the major bank.
Swedbank Acquires Digital Mortgage Lender Stabelo

New Mortgage Rules Aim to Enhance Interest Rate Negotiations

Now banks must inform their customers at least one month before the interest rebate on mortgages expires. We hope that this will give mortgage customers an honest chance to be able to negotiate their mortgage interest rate, says Moa Langemark at the Financial Supervisory Authority.
New Mortgage Rules Aim to Enhance Interest Rate Negotiations

German Economy Shows Signs of Recovery as Index Rises in June

The mood in the German economy is recovering, shows a purchasing managers' index for June. Three years of German recession may be over.
German Economy Shows Signs of Recovery as Index Rises in June

More Banks Reduce Variable Mortgage Rates After Central Bank Cut

Danske Bank and Länsförsäkringar are next to lower the variable mortgage rate by 0. 25 percentage points after the Swedish Central Bank's interest rate cut yesterday.
More Banks Reduce Variable Mortgage Rates After Central Bank Cut

Major Banks Reduce Mortgage Interest Rates After Central Bank Cut

After today's interest rate cut from the Swedish Central Banken, Swedbank, Nordea and Handelsbanken announce that they are lowering their mortgage interest rates. The banks are lowering the list rate on the variable mortgage by 0,25 percentage points from Thursday.
Major Banks Reduce Mortgage Interest Rates After Central Bank Cut

Supreme Court Grants New Trial for Former Swedbank CEO Bonnesen

The Supreme Court grants leave to appeal to the former Swedbank CEO: Birgitte Bonnesen, who was convicted last year for gross fraud. It is a hugely pleasing message for us, now we have in practice gotten rid of this verdict from the Court of Appeal, says Bonnesen's lawyer Per E Samuelson.
Supreme Court Grants New Trial for Former Swedbank CEO Bonnesen

Food Prices Stabilize, Paving Way for Potential Interest Rate Cut

Food prices including alcohol-free drinks rose by a mere 0. 2 percent in May, compared to April.
Food Prices Stabilize, Paving Way for Potential Interest Rate Cut

Swish Payment Disruption Resolved After Two-Hour Outage

The problem that stopped payments with Swish has been resolved, the company announces. The problem lasted for nearly two hours.
Swish Payment Disruption Resolved After Two-Hour Outage

Service Sector Index Rises in May, Exceeds Expectations

The service sector got a little extra boost in May, shows new index. .
Service Sector Index Rises in May, Exceeds Expectations

Inflation Data Key to Central Bank's Interest Rate Decision

An interest rate cut before the summer or wait until the autumn? Tomorrow, the last piece of the puzzle will be presented to the Central Bank in the form of new inflation figures. .
Inflation Data Key to Central Bank's Interest Rate Decision

Lower Price Pressure Signals Potential Interest Rate Cut

The temperature in the Swedish industry is still good, but loses some of the pace, shows the purchasing managers' index for May. .
Lower Price Pressure Signals Potential Interest Rate Cut

Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood

Swedish economy shrinks unexpectedly during the year's first quarter, based on a second calculation by the Statistics Bureau (SCB). Today's figure has increased the probability of an interest rate cut, says Nordea's chief analyst Torbjörn Isaksson.
Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood

Swish Payment Issue Resolved After Three-Hour Disruption

The problem that stopped Swish payments has been solved, the company announces on its website. It lasted for nearly three hours.
Swish Payment Issue Resolved After Three-Hour Disruption

Major Banks Differ on Swedish Interest Rate Cuts for 2023

There is great uncertainty surrounding the interest rate development during the year. Handelsbanken and Swedbank are counting on two cuts.
Major Banks Differ on Swedish Interest Rate Cuts for 2023
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