By Peter Nurse Investing.com - European stock markets edged higher Tuesday, rebounding a touch from Monday’s sharp losses. However, the tone remains one of caution as the...
(Bloomberg Opinion) -- Picking a new CEO is one of the most important decisions a board can take, yet one that Europe’s banks appear to be intent on flubbing. Lenders are...
European shares have opened lower on Wednesday with the retreat led by energy stocks after a drop in oil prices. US futures point to a weak start on Wall Street with Dow set to...
It took Swedbank AB (OTC:SWDBY), one of Sweden’s biggest financial institutions, ten years to return to its pre-crisis glory. The stock rose from as low as SEK 14.70 in March...
Swedbank AB (publ) provides various banking products and services to individuals and companies. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers savings, salary, and current accounts; private residential and corporate lending; leasing, factoring, and financing services; consumer, mortgage, acquisition and project, export, and marine financing; mutual funds; and asset management, and life insurance and pension services. The company also offers investment and trading services, including currency, fixed income, and equity derivatives and related derivatives services, as well as structured products; advisory and investment banking products and services, such as corporate financing, debt capital market, structured finance, and loans and syndication services; and transaction banking services, such as cash management, trade finance, securities, commercial payments, account, and clearing and settlement services. In addition, it provides domestic, international, mobile, document, and other payment products; debit and credit cards; real estate brokerage and management; legal services; and safe deposit boxes, as well as telephone, Internet, and mobile banking services. The company has 153 branches in Sweden, 17 branches in Estonia, 21 in Latvia, and 42 in Lithuania. It also operates in Norway, Finland, Denmark, China, the United States, and South Africa. The company was formerly known as ForeningsSparbanken AB and changed its name to Swedbank AB (publ) in September 2006. Swedbank AB (publ) was founded in 1820 and is headquartered in Sundbyberg, Sweden.