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Bank shares weighed down the stock market
The Stockholm Stock Exchange fell on Thursday, weighed down by falling prices in the major banks. But the decline was broad.
The Swedish industrial cycle is losing momentum
The Swedish industrial cycle is losing momentum. The Purchasing Managers' Index fell to 51.
Red on the Stock Exchange after Iran's Threats against Israel
The Stockholm Stock Exchange closed in the red – after having slightly turned upwards during the day – as a result of reports that Iran is planning a robot attack on Israel in the "immediate near future". .
Your savings rate is back to zero again
It was small, and now it's back to zero again - the interest rate on major banks' salary accounts. Move your money, advises the central bank governor.
Technical issues at Swedbank – difficult to log in
Swedbank's customers have problems logging in to the website and the app on Wednesday, reports Aftonbladet. > I can confirm that it is difficult for some customers to log in.
Birgitte Bonnesen "does not accept the verdict"
Two weeks ago, Swedbank's former CEO Birgitte Bonnesen was convicted of gross fraud. Now she is commenting on the verdict for the first time.
After the Interest Rate Decision: Major Banks Lower Mortgage Rates
Several major banks are lowering their list rate on their mortgages following the Swedish Central Bank's announcement to lower the repo rate by 0. 25 percentage points on Wednesday.
Despite the interest rate cut - a fixed mortgage rate "isn't wrong"
Despite today's expected interest rate cut and a continued low interest rate ahead – the calculations show that a fixed interest rate can be advantageous in the current situation. If you only look at the cost, it's not obviously wrong to perhaps choose a fixed rate for three, four, or five years, says SBAB's chief economist Robert Boije.
Now Norwegian Swish is available in Sweden
The Norwegian equivalent to Swish, Vipps Mobilepay, is launched on Tuesday in Sweden. This means that it is now possible to send money in a similar way as with Swish to people in Norway, Denmark, and Finland.
The stock market rose – people's shares went up
The week got off to a slow start on the Stockholm Stock Exchange. But it turned upwards, albeit with a slight decline in the last hour of trading.
Problem for major bank – app and website down
Swedbank has once again problems with its website and with its app. .
Swedbank's technical issues resolved
Swedbank had technical problems again on Tuesday evening. The bank's customers had difficulty logging in to the app and website for a couple of hours.
Bottom grades for the banks' AI solutions
Swedish banks' digital services with various forms of AI assistants are not a hit with customers. In this year's industry survey of the banking sector from the Swedish Quality Index (SKI), these solutions get a thumbs down.
Green light after major banks' technical issues
SEB and Swedbank have struggled with technical problems with their banking services over the weekend. The problems began on Saturday when both banks' customers had difficulty logging in.
Technical problems at Swedbank
Customers have problems logging on to Swedbank, both in the app and on the internet. An error message appears in connection with login attempts.
Inflation is raging - "a signal to the Central Bank"
Inflation fell more than expected in August, largely due to lower energy prices. This paves the way for a series of interest rate cuts from the Swedish Central Bank.
The Verdict Against Bonnesen: "Historic, Completely Unexpected"
Unique, unexpected and historic. This is how anti-corruption expert Louise Brown describes the prison sentence against Swedbank's former CEO Birgitte Bonnesen.
Bonnesen's Lawyer: In Shock - Will Appeal
The verdict against Swedbank's former CEO Birgitte Bonnesen will be appealed. Of course, says her lawyer Per E Samuelson to TT and describes that he "is in shock" over the verdict.
Verdict against bank top executive praised - "the law works"
The Court of Appeal's verdict, where the former Swedbank CEO Birgitte Bonnesen is sentenced to one year and three months' imprisonment for gross fraud, is welcomed by the CEO of Aktiespararna, Joacim Olsson. According to Olsson, investors and the general public were misled by Bonnesen.
Prison for Swedbank's former CEO
She was acquitted in the district court, but the court of appeal makes a different assessment. Swedbank's former CEO Birgitte Bonnesen is sentenced to prison for one year and three months for gross fraud.
Former Swedbank CEO receives verdict in Court of Appeal
The former Swedbank CEO Birgitte Bonnesen, who is charged with gross fraud and disclosure of insider information, will receive her verdict in the Svea Court of Appeal on Tuesday. Bonnesen was fully acquitted by the Stockholm District Court in January 2023, but the verdict was appealed by the prosecution.
Investments in Households - "No Major Difference"
Lowered tax on work and pensions will entail a certain strengthening for Swedish households. But it's not about large sums, believes private economist Arturo Arques.
The Stock Exchange Fell – Weak US Figure Weighed
The Stockholm stock exchange continued to fall on Thursday for the fourth day in a row. The broad OMXS index fell by 0.
The Service Sector Loses Momentum
The Purchasing Managers' Index for the private service sector in August fell unexpectedly to 52. 9, from 53.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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