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February 14, 2012
Handelsbanken
The following articles have been tagged with "Handelsbanken":
Tougher demands for Sweden's biggest banks
Business & Money: 25 Nov 11
Sweden on Friday announced plans to beef up the capital adequacy requirements for the country's four largest banks to help protect the Swedish banking system amid the ongoing eurozone debt crisis.
READ »
Greece default 'a threat' to Sweden: minister
Politics: 5 Nov 11
Although the Greek PM Giorgos Papandreou won a narrow vote-of-confidence late Friday, Sweden's European Union Affairs Minister Birgitta Ohlsson warned that a default by Greece would directly threaten Sweden's economy.
READ »
Stockholm stock market up on Greek tax vote
Business & Money: 28 Sep 11
At the close of trading on Tuesday, the Stockholm stock exchange OMXS index had risen by 5.7 percent on the back of positive news from Greece.
READ »
Swedish bank bans sneakers
Business & Money: 14 Sep 11
A manager at Swedish bank Handelsbanken has demanded "proper attire" from his staff, enforcing a total ban on sneakers even on "casual Friday".
READ »
Lending scandal rocks Handelsbanken
Business & Money: 12 Sep 11
A high-ranking manager at Swedish bank Handelsbanken has been arrested on suspicion of having lent out millions of kronor to several companies in violation of the bank's regulations.
READ »
Stockholm stock exchange plummets
Business & Money: 18 Aug 11
The Stockholm stock exchange was down 6.2 percent on Thursday afternoon when trading closed, making the drop the steepest since November 2008. A broad fall among other European stock markets means fears of a recession are mounting.
READ »
Stockholm stock market in record fall
Business & Money: 9 Aug 11
The Stockholm stock market fell 5.2 percent on Monday - the worst fall in nearly three years.
READ »
Stockholm stock market in shaky opening
Business & Money: 8 Aug 11
As expected the Stockholm stock exchange opened sharply down on Monday although after an hour's trading had rebounded into positive territory as the market battled to digest the weekend's global finance developments.
READ »
Swedish banks pass EU stress test
Business & Money: 16 Jul 11
Ten banks in Sweden, Norway and Finland passed European Union stress tests, their financial regulators announced on Friday.
READ »
Police face machine gun fire in bank robbery
National: 18 May 11
A branch of Handelsbanken in Flen in eastern Sweden was robbed on Wednesday morning by masked men armed with machine guns. Police later issued a nationwide-alert in hopes of catching the perpetrators.
READ »
Loan loss fall boosts Handelsbanken profits
Business & Money: 27 Apr 11
Swedish bank Handelsbanken, the country's second largest by capitalisation, has posted a slight increase in profits on the back of a sharp fall in bad loan losses.
READ »
Ericsson tips Volvo head as new board chair
Business & Money: 3 Mar 11
Swedish telecommunications giant Ericsson announced plans on Thursday to appoint Leif Johansson, the outgoing CEO of Swedish heavy vehicle manufacturer Volvo, as its new chairman of the board.
READ »
Borg bashes Swedish banks' booming profits
Business & Money: 2 Mar 11
Sweden’s Finance Minister Anders Borg wants to put the squeeze on Swedish banks, where profits have swelled, shareholder dividends ballooned, and interest margins on mortgages doubled.
READ »
Alliance faces defeat in sale of state-owned firms
Business & Money: 21 Jan 11
Sweden's ruling minority Alliance coalition may lose yet another vote in parliament after the Sweden Democrats announced their intention to support a motion to stop or restrict the sale of state-owned enterprises.
READ »
Swedish watchdog fines two banks over funds
Business & Money: 20 Jan 11
The Swedish Financial Supervisory Authority has fined both Swedbank and Handelsbanken for shortcomings in their depositary bank functions, the agency said in a statement on Thursday.
READ »
Swedes shy away from stock market: study
Business & Money: 19 Jan 11
The number of Swedes playing the stock market dropped in 2010, according to new statistics, while telecom firms Ericsson and TeliaSonera topped the list of Swedish firms with the most shareholders.
READ »
Housing costs cause Swedish inflation spike
Business & Money: 13 Jan 11
A substantial increase in housing costs and higher prices for electricity and food raised Sweden's inflation rate to the unexpectedly high level of 2.3 percent in December, exceeding the central bank's target.
READ »
Swedish banks join fight against child porn
Business & Money: 24 Nov 10
Cooperation between Swedish banks and police to stop the purchase of child pornography images over the internet has proved effective, the national banking association announced on Wednesday.
READ »
Handelsbanken profits up as loan losses fall
Business & Money: 20 Oct 10
Sweden’s Handelsbanken reported a 12 percent increase in net profits for the third quarter on Wednesday, as reduced losses on lending activities made up for falling net interest income.
READ »
HQ Bank announces involuntary liquidation
Business & Money: 30 Aug 10
Swedish investment bank HQ has failed to find a solution to enable it to continue trading and the process of involuntary liquidation has been set in motion, the bank has confirmed in a statement.
READ »
Swedish banks pass EU stress test
Business & Money: 24 Jul 10
Sweden's four main banks are well equipped to withstand the fallout from a financial crisis, according to the results of stress tests carried out on banks in the European Union.
READ »
SKF reports hike in profits after sales boost
Business & Money: 15 Jul 10
Swedish industrial bearings giant SKF has reported an increase in second-quarter profits on the back of higher sales and production on 2009.
READ »
Man held after Stockholm bank drama
National: 2 Jul 10
A man was arrested after police stormed a branch of Handelsbanken on Östermalmstorg in central Stockholm shortly before 2.30pm on Friday bringing an end to a hostage drama and suspected attempted robbery.
READ »
Swedish growth hits European big league
Business & Money: 28 May 10
Sweden has exceeded analysts' economic forecasts with quarterly growth up 1.4 percent and year-on-year figures placing the country at the top of the European pile.
READ »
Debt and Korea cause Stockholm market fall
Business & Money: 25 May 10
Increasing concern about the European debt crisis and renewed tensions between North and South Korea caused share prices in Stockholm to fall sharply on Tuesday.
READ »
Stockholm markets recoil on debt crisis concerns
Business & Money: 11 May 10
The Stockholm stock exchange followed markets across Europe and Asia downwards on Tuesday morning after a day of significant gains on Monday and indicating that the recent turbulence remains.
READ »
Tax agency grants day's grace
National: 4 May 10
The Swedish Tax Agency has extended the deadline for the submission of tax returns for those unable to file online on Monday after the system proved unable to cope with the high demand.
READ »
Tax agency swamped with online declarations
Business & Money: 3 May 10
The Swedish Tax Agency website struggled to cope on Sunday as large numbers of people filed last minute online declarations, with many greeted with a message to try again in 15 minutes.
READ »
Chinese pop star in Reinfeldt tax plea
Society: 28 Apr 10
Chinese superstar pop singer Wei Wei has appealed to Sweden's Prime Minister Fredrik Reinfeldt to intervene to settle a dispute with the Swedish tax authorities, which she claims have recently begun seizing her assets.
READ »
Volvo stock responds to positive report
Business & Money: 23 Apr 10
Swedish truck maker Volvo AB topped the list of winners as the Stockholm stock exchange opened for business on Friday after reporting positive interim figures.
READ »
Sweden's GDP growth at post-war low
Business & Money: 1 Mar 10
Sweden's GDP declined by 1.5 percent in the fourth quarter, making 2009 the worst year for growth since World War Two, according to a new report from Statistics Sweden (SCB).
READ »
Handelsbanken ups dividend as profits slump
Business & Money: 18 Feb 10
Swedish bank Handelsbanken trumped market expectations despite reporting a slump in fourth quarter profits on Thursday.
READ »
Nordea sees profits fall
Business & Money: 10 Feb 10
Nordic banking group Nordea has reported an operating profit of €592 million ($815 million) for the final quarter 2009, down on a profit of €781 million in the corresponding period of last year.
READ »
Bankers blindsided by con artist's creamy cake
Society: 16 Nov 09
A well-dressed Swedish fraudster treated bank employees to cake as thanks for helping him make off with 12 million kronor ($1.75 million) in cash and gold. He has now been sentenced to eight years in prison.
READ »
Handelsbanken beats forecasts despite profit dip
Business & Money: 28 Oct 09
Sweden’s Handelsbanken on Wednesday announced lower quarterly profits which nevertheless beat forecasts on the back of a jump in earnings from basic lending operations.
READ »
Swedish banks' bonus bonanza continues
Business & Money: 29 Sep 09
The four main Swedish banks, some of which have requested bailout money from shareholders and the state, are expected to dish out a whopping 5.4 billion kronor ($769 million) in employee bonuses for 2009.
READ »
Bank explodes in Malmö smash and grab raid
National: 24 Aug 09
A bank cash dispenser on Södra Förstadsgatan in Malmö exploded at 5am on Monday morning in what police believe to be a spate of connected robbery attempts.
READ »
Collapse in Swedish residential construction
Business & Money: 19 Aug 09
Residential construction collapsed by 45 percent during the first half of 2009, new figures show. Analysts warn of housing shortages and high prices as a result.
READ »
Swedish consortium enters battle for Volvo
Business & Money: 15 Aug 09
A new consortium dominated by Swedish owners has at the last minute joined in the battle to purchase Volvo Cars from Ford, according to media reports.
READ »
Two Swedish banks surprise on the upside
Business & Money: 21 Jul 09
Sweden's two largest banks exceeded market expectations, with Nordea and Handelsbanken both boasting profit increases in their second quarter reports on Tuesday.
READ »
Latvia fears prompt rollercoaster ride for Swedish bank shares
Business & Money: 4 Jun 09
Share prices of Sweden’s leading banks recovered somewhat on Thursday after major drops on Wednesday in the wake of fears that Latvia may devalue its currency.
READ »
Swedish banks able to survive increased losses: Riksbank
Business & Money: 2 Jun 09
While Swedish banks are expected to suffer increased losses due to the credit crisis through 2010, the Riksbank believes the country’s banks have sufficient capital to deal with the situation.
READ »
Ticket fuels stock exchange surge
Business & Money: 18 May 09
The Stockholm Stock Exchange's recent recovery gained fresh momentum on Monday, as Sweden's major banks and the Ticket travel agency chain all saw their stocks rise.
READ »
Huge pensions for company directors
National: 11 Apr 09
Major Swedish companies continue to provide lavish pension plans for senior management staff.
READ »
Sweden extends bank rescue plan
Business & Money: 2 Apr 09
Sweden's government announced on Thursday a six month extension to the 1.5 trillion kronor ($183.8 billion) bank rescue plan that was announced in October.
READ »
Swedish banks pay out billions in bonuses
Business & Money: 1 Apr 09
Sweden's main banks, some of which have requested state assistance to help cover substantial losses, have rewarded employees for their performance in 2008 with a total of 5.7 billion kronor ($690 million) in bonuses.
READ »
Sweden weighed down by weak exports
Business & Money: 25 Mar 09
Sweden posted the fourth straight decline in foreign trade in February, with both exports and imports posting steep falls from 2008 and set to weigh on the already-dismal outlook for the country's first quarter GDP.
READ »
Swedes have less trust in banks: study
Business & Money: 16 Mar 09
Swedes’ confidence in their banks has been devastated by the current financial crisis, prompting roughly one in five customers to change their savings habits, a new study shows.
READ »
Sweden posts record annual drop in industrial output
Business & Money: 10 Mar 09
Industrial production in Sweden suffered a record year-on-year fall in January, according to new figures released on Tuesday, adding to fears about the health of the Nordic region’s economies.
READ »
Baltic shadow over Sweden's banks
Business & Money: 5 Mar 09
Sweden's banks, especially SEB and Swedbank, are basically solid but are badly exposed to the troubled Baltic economies, Moody's ratings agency said on Thursday.
READ »
Swedish autoparts maker goes bankrupt
Business & Money: 5 Mar 09
Swedish autoparts supplier Plastal, which provides parts to both Volvo and Saab, announced on Thursday it had filed for bankruptcy.
READ »
Swedbank posts lower profit
Business & Money: 12 Feb 09
Swedish bank Swedbank reported on Thursday an operating profit of 2.408 billion kronor ($286 million) for the fourth quarter 2008, well below analyst forecasts. The bank's share price tumbled in early trading.
READ »
Sweden's Handelsbanken reports plunging profits
Business & Money: 10 Feb 09
Handelsbanken, one of Sweden's largest banks, has reported a fall in net profit of 29 percent for the fourth quarter.
READ »
Sweden to present banking package details soon: report
Business & Money: 27 Jan 09
Sweden is said to be on the verge of presenting details of a programme through which state capital could be injected into the country's banking sector, a newspaper reported on Tuesday citing undisclosed sources.
READ »
Mogul's losses could cost Handelsbanken millions
Business & Money: 8 Jan 09
The stock deals by finance and real estate tycoon Maths O. Sundqvist which brought down the Carnegie investment bank may also end up costing Handelsbanken close to one billion kronor ($127 million).
READ »
Sweden may change bank loan guarantees
Politics: 20 Nov 08
The government said on Thursday it is open to altering Sweden’s new bank lending guarantees in order to get more of the country's biggest banks to participate.
READ »
Sweden to enter talks with banks
Business & Money: 19 Nov 08
Sweden's government is to meet with representatives of the country's major banks on Thursday in a bid to understand the banks' refusal to join a state-sponsored lending guarantee scheme.
READ »
Borg warns of looming recession in Sweden
Business & Money: 17 Nov 08
Sweden's finance minister Anders Borg warned on Monday that the country may be headed toward a recession, while also saying the government is considering other ways to get banks to join its state-sponsored lending programme.
READ »
Swedbank signs up to crisis fund
Business & Money: 4 Nov 08
Swedish bank Swedbank has said it plans to sign up to the loan guarantee programme contained within the government's financial stability package.
READ »
Stocks dip on shortened trading day
Business & Money: 31 Oct 08
The Stockholm stock exchange finished Friday down 0.57 percent to close at 201.37 on a trading day shortened in advance of the All Saints Day holiday.
READ »
Banks must pay extra for loans from Swedish state
Business & Money: 30 Oct 08
Sweden's recently approved financial sector support package calls for institutions which borrow money from the state to pay a fee of 0.5 percent of the loans or more, according to details published on Wednesday.
READ »
Profits fall for Nordea and SEB
Business & Money: 23 Oct 08
Sweden's biggest bank Nordea and third-biggest SEB posted falls in third quarter earnings on Thursday owing to the global financial crisis, but analysts said the banks were withstanding the turmoil well.
READ »
Robust third quarter for Handelsbanken
Business & Money: 22 Oct 08
Sweden’s second-largest bank, Handelsbanken, presented strong third-quarter earnings on Thursday, saying it had so far escaped any adverse effects from the turmoil in global financial markets.
READ »
Swedish banks consider lawsuit against Norwegian competitor
Business & Money: 21 Oct 08
Sweden’s major banks want to sue the DNB Nor bank to recoup losses on Norwegian government bonds purchased from Norway’s largest bank.
READ »
Swedish banks 'well-equipped' for crisis
Business & Money: 15 Oct 08
Sweden's four largest banks are all well placed to ride out the current economic turbulence, according to the Swedish Financial Supervisory Authority.
READ »
Record gains on Stockholm exchange
Business & Money: 13 Oct 08
The Stockholm stock exchange recovered some of the ground lost in recent weeks with a massive 8.8 percent rise on Monday.
READ »
Worst day of trading since 9/11
Business & Money: 6 Oct 08
Stockholm's stock exchange plunged on Monday at a rate not seen since the terrorist attacks of September 11th 2001.
READ »
Stocks plummet in early trading
Business & Money: 6 Oct 08
The Stockholm stock exchange opened with a sharp drop on Monday, reflecting the continued anxiety about the health of global financial markets.
READ »
Swedish markets drop as crisis fears mount
Business & Money: 29 Sep 08
The Stockholm stock exchange suffered a sharp slide on Monday, dragged down by steep share price drops for bank stocks, while the Riskbank took further measures to shore up liquidity.
READ »
No reprieve for embattled Swedbank
Business & Money: 25 Sep 08
Calls by Swedbank for Swedish financial authorities to implement a ban on the short selling of stock have fallen on deaf ears.
READ »
Swedish banks hit by Lehman bankruptcy
Business & Money: 15 Sep 08
In a dismal day on the Stockholm stock exchange, shares in Swedish banks took a particular beating amidst renewed concerns about the financial sector following the collapse of US investment bank Lehman Brothers.
READ »
Sweden holds its breath ahead of Riksbank rate decision
Business & Money: 3 Sep 08
Market analysts and savers in Sweden are anxious to learn the outcome of Wednesday’s Riksbank meeting, during which the bank’s governors will decide whether or not to raise interest rates.
READ »
Swedish economic growth set to contract
Business & Money: 27 Aug 08
Sweden’s economy is heading for a rough patch according to a fresh report from the National Institute of Economic Research (Konjunkturinstitutet).
READ »
Economic downturn hasn't stopped Swedes from borrowing
Business & Money: 5 Aug 08
Despite higher interest rates, rising prices, and signs of slowing economy, Swedes have yet to curb their borrowing habits, according to new statistics.
READ »
Nordea & Handelsbanken see earnings tumble
Business & Money: 22 Jul 08
Nordic banking groups Nordea and Handelsbanken posted sharply lower second quarter earnings on Tuesday as they felt the sting of the ongoing global financial crisis.
READ »
Higher inflation worries analysts
Business & Money: 10 Jun 08
Consumer prices rose 0.4 percent in May compared to April, giving Sweden an annualized inflation rate of 4.0 percent and prompting analysts to forecast an interest rate hike by the Riksbank.
READ »
Swedish banks avoid credit crunch damage
Business & Money: 30 Apr 08
Sweden's major banks have so far avoided any major damage from the current international financial turbulence, first quarter reports show.
READ »
Handelsbanken profits down 21 percent
Business & Money: 22 Apr 08
Handelsbanken posted a first-quarter operating profit of 2.92 billion kronor ($494 million), down 21 percent from a year earlier, but higher then analysts expected.
READ »
Volvo boosts resurgent stock exchange
Business & Money: 2 Apr 08
The Stockholm stock exchange continued its recent upsurge on Wednesday.
READ »
Tough day for Stockholm stock exchange
Business & Money: 17 Mar 08
Drops in Asian markets and continued concerns over credit markets sent the Stockholm stock exchange down sharply on Monday.
READ »
Stock market falls across the board
Business & Money: 8 Mar 08
The Stockholm stock exchange fell across the board on Friday. Commodities and finance stocks led the fall.
READ »
Malmö rocked by morning crime wave
National: 6 Mar 08
Police in Malmö have created a special unit to investigate a wave of crimes in the city on Thursday morning.
READ »
Bourse closes down after Telia report
Business & Money: 9 Feb 08
The Stockholm stock exchange closed down 0.2 percent on Friday, down 5.7 percent for the week. A poor report from Telia was to blame.
READ »
Bank robbers open fire
National: 18 Jan 08
Armed robbers blew up a safe and fired shots during raids at two banks in a Stockholm suburb on Friday morning.
READ »
Market down slightly after turbulent day
Business & Money: 26 Oct 07
The Stockholm Stock Exchange closed down slightly on the week after a turbulent day of trading on Friday. TeliaSonera pleased investors with third quarter profits beating expectations, but engineering company Sandvik proved a disappointment.
READ »
Nordea stock rises amid SEB share speculation
Business & Money: 27 Sep 07
The price of shares in Nordea bank rose by 11 percent on Thursday morning following speculation that SEB bank may be preparing a bid for the state's share in the company.
READ »
Handelsbanken sells life insurance arm
Business & Money: 3 Sep 07
Norway's biggest insurance group Storebrand has reached an agreement with Swedish bank Handelsbanken to buy its life insurance and pension unit SPP for €1.9 billion.
READ »
Krona rises after Riksbank interest rate statement
Business & Money: 21 Jun 07
A statement from the Swedish central bank flagging further interest rate rises has caused the kronor to rise substantially in value. The Swedish currency is up against the dollar, the euro and the pound.
READ »
Getting a Swedish mortgage
Lifestyle: 21 Mar 07
Charlotte West looks at the perks and pitfalls of borrowing money from a Swedish bank to finance a home purchase.
READ »
Bomb found outside bank in Arboga
National: 21 Mar 07
In the early hours of Wednesday morning, a bomb was discovered outside Handelsbanken in Arboga. Part of the town centre has been cordoned off while a bomb squad analyses the device.
READ »
Agency criticizes 'inflationary' pay deals
Business & Money: 16 Mar 07
The National Institute of Economic Research has warned that three-year wage increases of over 10 percent will fuel inflation and lead to increased interest rates.
READ »
Swedish banks sell card processer firm
Business & Money: 23 Feb 07
Swedbank, Nordea and Svenska Handelsbanken have sold their shares in payment card processing company CEKAB to Norway's EDB Business Partner.
READ »
SBAB has several potential bidders
Business & Money: 21 Feb 07
Swedish mortgage lender SBAB, due to be privatised in the coming months, is not short of suitors.
READ »
MAN secures Scania financing
Business & Money: 11 Dec 06
German truck maker MAN has secured a credit facility of €11 billion kronor to finance its planned acquisition of Swedish rival Scania.
READ »
OECD: Sweden must raise interest rates
Business & Money: 28 Nov 06
Sweden's economy will keep growing strongly and unemployment will fall over the next couple of years, the OECD says. But interest rates will need to rise to help sustain growth, it warns.
READ »
Sharp fall in Handelsbanken profits
Business & Money: 24 Oct 06
Profits at Handelsbanken fell sharply in the third quarter, landing at 3.002 billion kronor, according to the company's interim report.
READ »
Man admits to Gothenburg bank attack
National: 1 Aug 06
A man arrested on Monday has admitted a knife attack on two bank employees in Gothenburg. The man left the pair, who work a Handelsbanken branch office, seriously injured.
READ »
Nordic boards give chairmen salary boost
Business & Money: 10 Jul 06
The heads of some of the Nordic countries' biggest companies had a nice salary bump last year. Some 12 percent of board heads make at least 1 million kronor a year.
READ »
Investor and EQT refuse to raise Gambro bid
Business & Money: 10 May 06
READ »
SAS announces 1.3 billion kronor Q1 loss
Business & Money: 4 May 06
Scandinavian Airlines System (SAS) said on Thursday that fuel costs and strike action had thwarted attempts to reduce its quarterly loss, neutralising ambitious cost-cutting efforts.
READ »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »
- 11/2 09:27 Fika Quiz (The Swedish Teacher)
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fin
adjective
Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.
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