Colm Fulton

"Corona cabbies" in driving seat of Stockholm's COVID testing

26 Nov 2020

STOCKHOLM Taxi driver Lars-Goran Goransson admits to feeling a little anxious each time he slips on a pair of latex gloves and gingerly lifts a COVID-19 test administered just moments earlier from a doorstep in a Stockholm suburb. | Video

Stockholm rushes to stem nursing home COVID surge with visit ban, quick tests

11 Nov 2020

STOCKHOLM Stockholm scrambled on Wednesday to curb COVID-19 infections at its nursing homes, reimposing a ban on visits and piloting rapid-result coronavirus testing of staff.

UPDATE 3-Nordea Bank shrugs off pandemic as profits rise

23 Oct 2020

* Bank hopes to pay 2019 dividend when authorities allow (Adds CEO comment, share price)

Handelsbanken net profit hit by restructuring costs

21 Oct 2020

STOCKHOLM Sweden's Handelsbanken reported a fall in quarterly net earnings on Wednesday due to restructuring costs, though the bank's loan portfolio continued to weather the impact of the coronavirus pandemic with ease.

Swedbank shakes off pandemic slump as commissions recover

20 Oct 2020

STOCKHOLM Swedbank on Tuesday reported a bigger-than-expected 13% rise in third-quarter net profit helped by strong trading conditions and income from cards and asset management.

UPDATE 3-Swedbank shakes off pandemic slump as commissions recover

20 Oct 2020

* Interest income weaker than analysts expected (Adds shares, analyst comment)

SEB dirty money problems 'not new', says Swedish FSA after TV show revelations

23 Sep 2020

STOCKHOLM Sweden's financial watchdog said on Wednesday that lender SEB's past deficiencies regarding money-laundering were well known, after Swedish Television (SVT) aired a programme saying 8.2 billion Swedish crowns ($919 million) in suspicious funds had passed through the bank.

Handelsbanken cuts jobs, closes Swedish branches to invest in IT

16 Sep 2020

STOCKHOLM Handelsbanken is to close almost half of its branch network and cut about 1,000 jobs in Sweden over the next two years and use the cost savings to invest in its IT systems.

Nordics to flirt with record recessions in 2020, bounce back in 2021: Reuters poll

24 Jul 2020

STOCKHOLM Denmark, Norway and Sweden face among their worst economic downturns on record this year due to the COVID-19 pandemic, but will largely recover the lost ground in 2021, according to a Reuters poll of economists.

UPDATE 3-Nordea's quarterly profit below expectations as loan losses soar

17 Jul 2020

* Nordea expects 2020 loan losses to be below 1 billion euros

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