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Alliance faces defeat in sale of state-owned firms
government

Alliance faces defeat in sale of state-owned firms

Sweden's ruling minority Alliance coalition may lose yet another vote in parliament after the Sweden Democrats announced their intention to support a motion tabled by the Social Democrats and Green Party to stop or restrict the sale of state-owned enterprises.
SEB 'has turned the page' in Baltics
germany

SEB 'has turned the page' in Baltics

Sweden's SEB bank on Tuesday posted higher-than-expected second quarter profits and said it had "turned the page" in the Baltic countries, where it had been heavily exposed to the financial crisis.
HQ board quits as trading losses are declared
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HQ board quits as trading losses are declared

The board of embattled financial concern HQ Bank, including founder Mats Qviberg, have resigned a day after the bank announced the extent of the losses incurred by the closure of its trading portfolio.
HQ rescue plan triggers new share collapse
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HQ rescue plan triggers new share collapse

Financial services group HQ must immediately strengthen its finances and will temporarily sell its fund management company HQ Fonder to its principal owner Öresund for 850 million kronor ($105.07 million).