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Swedish manufacturing PMI falls in July, first decline in five months
Business News

Swedish manufacturing PMI falls in July, first decline in five months

Divided Fed leaves US interest rate unchanged, but three members want hike
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Divided Fed leaves US interest rate unchanged, but three members want hike

The US Federal Reserve (Fed) once again leaves the US policy rate unchanged. However, the committee was not unanimous, and three members wanted to see an increase
Swedbank chief economist sees risk of Fed rate hike tonight
Business News

Swedbank chief economist sees risk of Fed rate hike tonight

A hawkish tone from the Fed chief, higher inflation risks and a closed door to market guidance. These are some of the reasons why there is a certain risk that the US central bank will raise the key interest rate as early as Wednesday evening, says Mattias Persson, chief economist at Swedbank
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
Swedbank CEO: Mortgage margin at historic low amid fierce competition
Business News

Swedbank CEO: Mortgage margin at historic low amid fierce competition

Profits from customers' mortgages are under pressure, according to Swedbank CEO Jens Henriksson. The mortgage margin is probably the lowest in history, he says
Swedbank settles New York investigation for SEK 482 million
Business News

Swedbank settles New York investigation for SEK 482 million

Swedbank has reached a settlement with the financial authority DFS in the state of New York in the U. S
Swedbank: Small boost expected from higher price base amount next year
Business News

Swedbank: Small boost expected from higher price base amount next year

Anyone who is a student, on parental leave or retired cannot expect a major boost to their wallet next year. The effect of next year’s increase in the price base amount will be modest, according to Swedbank’s calculations
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
Swedish services sector activity rises to highest level since November, PMI shows
Business News

Swedish services sector activity rises to highest level since November, PMI shows

Activity in the services sector increased in June to its highest level since November last year, according to a purchasing managers' index (PMI) from Swedbank and Silf.
Rising industrial costs could fuel inflation, Swedbank PMI shows
Business News

Rising industrial costs could fuel inflation, Swedbank PMI shows

Higher cost pressures in industry could eventually drive up inflation, according to a purchasing managers' index from Swedbank and Silf.
37 years until women's incomes catch up to men's
Business NewsTop News

37 years until women's incomes catch up to men's

The fight for gender equality is slowing down - at least when it comes to men's and women's wallets. Men's and women's incomes are not expected to be equal until 2063
Skandiabanken, Swedbank and Danske Bank have the lowest mortgage interest rates
Business News

Skandiabanken, Swedbank and Danske Bank have the lowest mortgage interest rates

Variable rates remained unchanged in May, while some longer-term mortgage rates fell slightly, according to a summary.
Service sector increases pace - recovery remains sluggish
Business News

Service sector increases pace - recovery remains sluggish

The level of activity in the services sector increased slightly in May, according to a Purchasing Managers' Index (PMI) from Swedbank and Silf. The index rose to 53
Higher cost pressure in manufacturing industry in the shadow of the war in Iran
Business News

Higher cost pressure in manufacturing industry in the shadow of the war in Iran

The manufacturing industry is seeing rising prices in the shadow of the war in Iran, according to the monthly Purchasing Managers' Index from Swedbank and Silf.
Small businesses see glimmer of hope in economic outlook
Business News

Small businesses see glimmer of hope in economic outlook

Small businesses are seeing a glimmer of hope in the economic outlook. The recession persists, but some recovery can be seen, according to the Small Business Barometer
The service sector is losing momentum as purchasing managers' index falls to 52.5
Business News

The service sector is losing momentum as purchasing managers' index falls to 52.5

The service sector is losing momentum, according to the purchasing managers' index. Higher costs and uncertainty surrounding the war in Iran are having an impact on it
Swedbank says no interest rate hike in 2027
Business News

Swedbank says no interest rate hike in 2027

The Swedish Central Bank is leaving the key interest rate unchanged this Thursday. Don't expect any interest-rate increases during the rest of 2026 or in 2027
Swedbank experienced technical problems on its website and app during the morning
Sweden News

Swedbank experienced technical problems on its website and app during the morning

Lift for Swedish industry - highest level in four years
Business News

Lift for Swedish industry - highest level in four years

The temperature in Swedish industry has risen to its highest level since spring 2022, according to the purchasing managers' index compiled by Swedbank and Silf.
Stockholm Stock Exchange falls for eighth day in a row
Business News

Stockholm Stock Exchange falls for eighth day in a row

The Stockholm Stock Exchange fell by 0. 6 percent in trading dominated by quarterly reports and shares trading without the right to upcoming dividends
Rush to the bank after new mortgage rules as customers increase existing loans
Business News

Rush to the bank after new mortgage rules as customers increase existing loans

The new loan rules attracted customers to borrow more - they increased their existing loans before that ceiling was lifted on April 1. This is according to the CEO of Swedbank, who is announcing a savings package that will reduce the workforce
Households that have benefited most from recent government policies
Business NewsTop News

Households that have benefited most from recent government policies

Taxes have been lowered, but skyrocketing costs mean that the relief still doesn't show up in people's wallets. When the government's support for households in recent years is combined, there are both winners and losers - and concerns are rising
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
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