Lehman_brothers

The following articles have been tagged with "Lehman_brothers":

Borg critical of possible eurozone bank bailouts

Business & Money: 12 Nov 10
Swedish Finance Minister Anders Borg sharply criticised senior politicians in the EU for bringing up the issue of whether private lenders should take a hit if financially strapped eurozone countries ask for help. READ »

Riksbank raises base rate to 0.75 percent

Business & Money: 2 Sep 10
Sweden's Riksbank has raised the repo rate by 0.25 percentage points to 0.75 percent, a decision which was widely forecast. READ »

Krona continues to strengthen

Business & Money: 13 Jul 10
The Swedish krona could soon hit its strongest level against the word’s major currencies since the collapse of Lehman Brothers, almost two years ago. READ »

SEB may sell German retail banking business

Business & Money: 14 May 10
SEB Group has confirmed it is in talks to sell its German retail banking business. The bank has long expressed its dissatisfaction with the division's profitability. READ »

Riksbank votes no to base rate hike

Business & Money: 20 Apr 10
The Swedish Riksbank has decided to leave base interest rates unchanged at 0.25 percent, it was announced on Tuesday. READ »

House price bubble 'a myth'

National: 18 Mar 10
House price inflation is not a problem for monetary policy, the deputy-governor of Sweden's Riksbank Lars E O Svensson said on Thursday, calling the notion of a house price bubble "a myth". READ »

Riksbank off base with finance crunch rate hikes

Business & Money: 15 Mar 10
The Swedish Riksbank has concluded that while everyone failed to see the impending finance crunch, it's own board was furthest behind when it raised interest rates just weeks before the Lehman Brothers bankruptcy. READ »

Profits up at Sweden's Investor

Business & Money: 13 Oct 09
Swedish investment group Investor turned a profit in the third quarter, the company reported on Tuesday, capitalizing on global financial markets’ decreased volatility. READ »

Fewer redundancies at Swedish workplaces

Business & Money: 28 Sep 09
For the first time this year, the number of monthly layoffs announcements in Sweden has dropped compared to last year, according to preliminary statistics for September. READ »

Getting fit in fitful times

Lifestyle: 11 Sep 09
Financial markets implode, the flow of regular work slows to a trickle, and the only thing expanding is his waistline. Roger Choate explains how he unexpectedly came to wave his wilting wallet in the direction of a personal trainer. 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 »

2008: The year in review

Lifestyle: 31 Dec 08
As 2008 draws to a close, The Local takes a look back at some of the stories that caught our attention over the last twelve months. READ »

Riksbank to cut rates next week: poll

Business & Money: 17 Oct 08
Analysts in Sweden are predicting that the country's central bank will cut rates next week in a bid to alleviate market concerns and ward off an economic slowdown. READ »

What happens to my money if my Swedish bank goes bust?

Analysis & Opinion: 6 Oct 08
Ask The Local: Are your savings safe if your bank collapses? We find the answers. 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 »

Social Forum: Financial turmoil highlights need for change

Analysis & Opinion: 18 Sep 08
As the world’s attention is taken up with how to address the current financial crisis, the AFP’s Delphine Touitou reports that activists gathered in Malmö for the Europe Social Forum see social change as key to avoiding future financial meltdowns. READ »

Bank experts play down Swedish crisis fears

Business & Money: 17 Sep 08
While Sweden’s banks haven’t escaped this week’s global financial turbulence unscathed, experts say there is little chance of a Swedish bank suffering a collapse similar to that of Lehman Brothers. READ »

Swedish banks take a tumble

Business & Money: 16 Sep 08
Shares in Swedish banks continued to fall on the Stockholm stock exchange on Tuesday amid fears of a deepening crisis in the US financial sector. READ »

Sweden's Getinge to purchase Datascope

Business & Money: 16 Sep 08
Swedish medical technology group Getinge announced plans on Tuesday to purchase cardiovascular device maker Datascope Corp for $865 million in cash. 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 »

Shares in Stockholm rise sharply

Business & Money: 19 Sep 07
Shares in Stockholm rose by more than 3 percent on Wednesday, following the unexpected decision by the US Federal Reserve to cut interest rates by 0.5 percent. READ »

Pernod Ricard 'could buy' Absolut

Business & Money: 22 Sep 06
French drinks group Pernod Ricard has said it could be interested in buying Absolut vodka, if the new government puts it up for sale as expected. READ »

Stockholm bourse warns J.P. Morgan and Lehman Brothers

Business & Money: 23 Mar 05
Two of the world's most prestigious banks have their knuckles rapped after apparently acquiring more than 5% of the shares in Song Network Holding AB without openly disclosing the acquisitions. READ »

Meet Sanna, 9 years old

Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »

Strindberg, king of drama

August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »

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Blog Update: The Local's Blog

23 May 16:27

Prime Minister Reinfeldt chats with The Local »

"If you missed it yesterday, here’s The Local’s editor David Landes snagging Prime Minister Reinfeldt for a chat before Princess Estelle’s baptism. Always nice to know the PM has time for TL!" READ »