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.
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.
* CEO: we are "a little bit ahead" on cost savings plan
(CEO quote, share price, cost target, analyst quote)
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.
* CEO: SEB 'well capitalised' ahead of money-laundering
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.
* Expenses up 26% largely due to AML costs
(Recasts, adds share price, CEO comment, analysts)
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.
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
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.