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Swedbank


Balita

Nordea CEO flags price war in Sweden as lenders battle for market share

Nordea CEO flags price war in Sweden as lenders battle for market share By Jesus Calero and Elviira Luoma Oct 17 (Reuters) - Nordea NDAFI.HE has seen aggressive pricing behaviour among Nordic banks, especially in Sweden, as they compete for customers amid softening loan demand, the CEO of the region's biggest lender said on Thursday. Competition in Nordea's key markets is intensifying, with lenders chasing market share in both retail and corporate banking as the economy stagnates.
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Kepler cuts Vestas to 'hold', cites risks in 2025-2026 projections

BUZZ-Kepler cuts Vestas to 'hold', cites risks in 2025-2026 projections ** Kepler Cheuvreux downgrades Danish wind turbine maker Vestas Wind Systems VWS.CO to "hold" from "buy", lowers TP to DKK 150 from DKK 180, highlighting risks to the company's 2025-2026 projections ** The broker highlights concerns about volume risks in South America due to Ch
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Handelsbanken turns cautious on Nordic banks amid short-term risks

BUZZ-Handelsbanken turns cautious on Nordic banks amid short-term risks ** Handelsbanken cuts ratings on Swedbank SWEDa.ST , SEB SEBa.ST and Danske Bank DANSKE.CO in short term, and warns despite falling rates uncertainty persists ** The three Nordic banks, whose CFOs have resigned between Q2 and Q3 reports , may struggle with falling rates and hig
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 8 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Nordic banks face continued NII pressure, Nordea remains Jefferies' top pick

BUZZ-Nordic banks face continued NII pressure, Nordea remains Jefferies' top pick ** Jefferies says the operating environment remains challenging for Nordic banks, with continued pressure on net interest income (NII) from lower rates and muted lending growth, especially in Sweden ** It expects sequential NII decline in Q3 for Swedish banks due to l
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 7 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 5 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 4 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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CFO In Swedbank Leaves Position

BRIEF-CFO In Swedbank Leaves Position Oct 3 (Reuters) - Swedbank AB SWEDa.ST : ANDERS KARLSSON WILL LEAVE AS CHIEF FINANCIAL OFFICER FOR SWEDBANK ANDERS KARLSSON TO BECOME GENERAL MANAGER FOR BANK'S BRANCH IN US Source text for Eikon: ID:nWkr3Vw78t Further company coverage: [SWEDa.ST] (Gdansk Newsroom)
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AstraZeneca, Danske Bank, Johnson Matthey

EUROPE RESEARCH ROUNDUP-AstraZeneca, Danske Bank, Johnson Matthey Oct 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Danske Bank and Johnson Matthey, on Thursday. HIGHLIGHTS * AstraZeneca AZN.L : Jefferies cuts target price to 11,400p from 11,700p * Baltic Classifieds Group Plc BCG.L : Berenberg raises target price to 360p from 300p * Danske Bank DANSKE.CO : JP Morgan cuts target price to DKK 185 from DKK 190 * John
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 3 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 2 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 1 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Sept 30 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Sept 28 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Former Swedbank CEO Bonnesen sentenced to prison in money laundering case

UPDATE 2-Former Swedbank CEO Bonnesen sentenced to prison in money laundering case Case concerns handling of Estonia branch money laundering Guilty verdict overturns earlier acquittal Bonnesen convicted on one count, acquitted on six others She plans to appeal verdict, lawyer says Adds details on ruling, background on case in paragraphs 2, 4-6, 8-9 By Anna Ringstrom STOCKHOLM, Sept 10 (Reuters) - A Swedish appeals court on Tuesday found former Swedbank SWEDa.ST CEO Birgitte Bonnesen guilty of gr
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Former Swedbank CEO Bonnesen found guilty over handling of money laundering

Former Swedbank CEO Bonnesen found guilty over handling of money laundering STOCKHOLM, Sept 10 (Reuters) - A Swedish appeals court on Tuesday found former Swedbank SWEDa.ST CEO Birgitte Bonnesen guilty of gross fraud over her handling of anti-money laundering protocols in Estonia, overturning a first-instance acquittal. Reporting by Anna Ringstrom,
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Volvo Car slips as market digests Thursday's CMD

BUZZ-Volvo Car slips as market digests Thursday's CMD ** Shares in Volvo Car VOLCARb.ST dip about 5% to their lowest since end-January as market digests takeaways from the company's capital market day on Thursday ** The Swedish automaker scaled back its margin and revenue ambitions for a second time in a year, a day after it abandoned its EV-only t
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Top of the Street: European real estate and Nordic banks

BUZZ-Top of the Street: European real estate and Nordic banks A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley raises its view of European property firms to "attractive", expecting better times soon against a compelling backdrop of further rate cuts, lower long-term rates, and stabilising asset values ** It ups Spain's Colonial COL.MC to "equal-weight" from "underweight", seeing its shares as fairly valued, but cuts Switzerland's PSP PSPN.S
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Carnival, Kingfisher, Unite Group

EUROPE RESEARCH ROUNDUP-Carnival, Kingfisher, Unite Group Sept 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Carnival, Kingfisher and Unite Group on Monday. HIGHLIGHTS * Believe SA BLV.PA : Citigroup resumes coverage with neutral rating; PT EUR 15 * Carnival CCL.L : HSBC raises target price to 960p from 895p * Derwent London DLN.L : Morgan Stanley raises target price to 3000p from 2750p * Kingfisher Plc KGF.L : Barclays cuts to
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