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 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.
* Bank hopes to pay 2019 dividend when authorities allow
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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.
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.
* Interest income weaker than analysts expected
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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.
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.
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.
* Nordea expects 2020 loan losses to be below 1 billion