Edition:
India

Johan Ahlander

Nordea CEO sees improvements as bank beats fourth-quarter expectations

06 Feb 2020

STOCKHOLM Nordea Bank's new CEO Frank Vang-Jensen promised to hit financial targets and continue cutting costs on Thursday as the Nordic region's biggest lender beat fourth-quarter net profit expectations.

UPDATE 3-Nordea CEO sees improvements as bank beats Q4 expectations

06 Feb 2020

STOCKHOLM, Feb 6 Nordea Bank's new CEO Frank Vang-Jensen promised to hit financial targets and continue cutting costs on Thursday as the Nordic region's biggest lender beat fourth-quarter net profit expectations.

UPDATE 2-Handelsbanken says cost cutting going according to plan

05 Feb 2020

* CEO: we are "a little bit ahead" on cost savings plan (CEO quote, share price, cost target, analyst quote)

H&M reshuffles at the top as recovery accelerates

30 Jan 2020

STOCKHOLM Swedish fashion giant H&M appointed company veteran Helena Helmersson as chief executive on Thursday as it reported its first rise in annual profit since 2015 and pleased the market with unexpectedly strong fourth-quarter profit growth.

UPDATE 2-SEB Q4 profit beats forecast, flags uncertainty on money-laundering probe

29 Jan 2020

* CEO: SEB 'well capitalised' ahead of money-laundering probe

Swedbank confident on money-laundering fines as profit pips forecasts

28 Jan 2020

STOCKHOLM Swedbank said it would be able to handle any fines relating to a Baltic money-laundering scandal on Tuesday as fourth quarter profit fell by less than some analysts had forecast, lifting its shares.

UPDATE 2-Swedbank confident on money-laundering fines as profit pips forecasts

28 Jan 2020

* Expenses up 26% largely due to AML costs (Recasts, adds share price, CEO comment, analysts)

Swedish, Norwegian currencies seen stable vs euro in 2020 - Reuters poll

10 Jan 2020

OSLO/STOCKHOLM The Swedish and Norwegian currencies are expected to remain stable against the euro this year and strengthen moderately against the U.S. dollar, a Reuters poll of foreign exchange strategists showed on Friday.

U.S. rapper A$AP Rocky gives concert in Sweden after assault conviction

12 Dec 2019

Stockholm U.S. rapper A$AP Rocky returned to Sweden to perform at a concert on Wednesday, just months after he was convicted for assault following a high-profile trial that saw President Donald Trump attempt to intervene on his behalf. | Video

Defiant Nobel winner Handke dismisses questions on Balkan wars

06 Dec 2019

STOCKHOLM Austrian writer Peter Handke, winner of the 2019 Nobel literature prize, said on Friday he preferred anonymous hate mail to questions about his support for Slobodan Milosevic, Serbia's strongman during the Balkan wars of the 1990s.

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