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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.
Mortgage customers cannot negotiate their interest rate
Customers of the major bank Swedbank who want to negotiate their variable interest rate may receive a no as an answer, reports [SvD Business](https://www. svd.
The Stock Exchange Started September Downwards
The Stockholm Stock Exchange began the month of September on a downward trend, and fell by 0. 3 percent.
Industry picks up pace in August
The manufacturing industry in Sweden increases its activity level in August, according to a purchasing managers' index from Swedbank and Silf. "Slow recovery", they write in a press release.
Major Bank: More in the Wallet for Households
Many households can expect larger margins in the economy ahead, according to a report from Swedbank and Sparbankerna. But not everyone is a winner.
Central Bank Economists: Repo Rate on its Way to 2 Percent
The recovery is near after nearly three years of stagnation and 2025 will see growth take off, according to an economic forecast from Swedbank. The Swedish Central Bank is contributing by lowering the interest rate to 2.
The Stock Exchange Took a Weekend Break on the Plus Side after Powell's Speech
The Stockholm Stock Exchange ended the week on a high note after the US central bank chief said on Friday afternoon in his speech from Jackson Hole that it's now time to lower interest rates. .
The Banks are Doing "Everything to Earn a Little Extra"
More banks are now lowering mortgage rates following the Swedish Central Bank's lowering of the repo rate. But the adjustments are modest.
The Stockholm Stock Exchange Fell Slightly
The Stockholm Stock Exchange was up for most of Wednesday, but closed slightly down in the end. The OMXS index fell 0.
"It was about time" - The Central Bank may be too slow
It is a welcome message that the Swedish Central Bank is now opening up for more interest rate cuts than before. The fear is, however, that it may be too late, according to several assessors.
Silence from mortgage lenders after the interest rate cut
The Swedish Central Bank's interest rate cut has been met with silence from leading mortgage banks. Neither Swedbank nor Handelsbanken – the two largest – have adjusted down mortgage interest rates.
Swedbank lowers mortgage rates
Swedbank lowers its list rate on its mortgages for all binding periods. The variable rate is lowered by 0.
Interest Rate Cut Next Week "Rock-Solid"
Inflation is still clearly below the Swedish Central Bank's target. An interest rate cut next week is "rock-solid certain", according to analysts.
Another Bank Lowers Mortgage Interest Rates
The major bank Danske Bank is lowering the interest rate on mortgages with fixed terms, the company announces in a press release. The reductions are between 0.
Mortgage Loans Becoming Cheaper - "Cascade of Interest Rate Cuts"
The last few days have seen several banks lower both variable and fixed mortgage rates. Further rate cuts are expected, believes Christina Sahlberg, savings economist at the comparison site Compricer.
Skandia lowers mortgage interest rates
Skandia lowers the interest rate on mortgages for all terms, including the three-month rate. The interest rates are lowered by 0.
Handelsbanken lowers its mortgage rates
Handelsbanken lowers mortgage rates, including the floating one. The three-month rate is lowered by 0.
The Stockholm Stock Exchange Turned Upwards
The Stockholm stock exchange recovered somewhat on Thursday afternoon following better-than-expected signals from the USA – and closed on a plus. The OMXS index rose 0.
Multiple banks lower mortgage interest rates
Swedbank and Länsförsäkringar are lowering the mortgage interest rate on loans with binding periods between 1-10 years. For Swedbank, the interest rates are being lowered by between 0.
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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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