https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Swedish bank Handelsbanken is set to close almost half of its branches in Sweden, in a bid to cut costs. https://www.thelocal.se/20200916/handelsbanken-to-close-more-than-100-branches-across-sweden Wed, 16 Sep 2020 18:54:45 +0200 handelsbanken-to-close-more-than-100-branches-across-sweden One of Sweden's major banks, Handelsbanken, has announced plans to lay off around 800 employees as it works to cut costs. https://www.thelocal.se/20191024/handelsbanken-to-cut-500-jobs-in-sweden Thu, 24 Oct 2019 09:29:16 +0200 handelsbanken-to-cut-500-jobs-in-sweden Swedish banking giant Handelsbanken is closing down its Baltic operations, but denied the decisionhad anything to do with recent money laundering scandals tied to two other Scandinavian banks. https://www.thelocal.se/20190516/swedish-banking-giant-quits-the-baltics-says-its-not-worth-the-cost Thu, 16 May 2019 13:54:46 +0200 swedish-banking-giant-quits-the-baltics-says-its-not-worth-the-cost All of Sweden’s biggest banks were either used or were attempted to be used in a major money laundering operation uncovered by a network of journalists in which at least $20 billion was moved from Russia to international accounts between 2010 and 2014. https://www.thelocal.se/20170322/swedens-major-banks-caught-up-in-russian-global-money-laundering-operation Wed, 22 Mar 2017 09:50:05 +0100 swedens-major-banks-caught-up-in-russian-global-money-laundering-operation Sweden's Handelsbanken has fired its chief executive, Frank Vang-Jensen. https://www.thelocal.se/20160816/swedens-handelsbanken-sacks-its-boss Tue, 16 Aug 2016 09:46:18 +0200 swedens-handelsbanken-sacks-its-boss Sweden’s financial watchdog has hit two of Sweden’s biggest banks, Nordea and Handelsbanken, with heavy fines for their failure to prevent money laundering. https://www.thelocal.se/20150519/swedish-banks-make-terror-financing-easy-watchdog Tue, 19 May 2015 11:47:09 +0200 swedish-banks-make-terror-financing-easy-watchdog Sweden's second-largest bank, Handelsbanken, announced record annual profits on Wednesday driven by strong growth in private lending and continued overseas expansion. https://www.thelocal.se/20150204/handelsbanken-gets-profit-boost Wed, 04 Feb 2015 14:37:00 +0100 handelsbanken-gets-profit-boost One of Sweden's top businessmen Sverker Martin-Löf quit as chairman of industry giant Industrivärden this week amid a scandal over private jets and hunting trips. The Local looks at one of the biggest corporate scandals in Sweden in decades. https://www.thelocal.se/20150123/one-of-swedens-most-powerful-businessmen-quits Fri, 23 Jan 2015 13:04:00 +0100 one-of-swedens-most-powerful-businessmen-quits Swedish bank Nordea on Thursday posted falling profits in the second quarter while competitor Handelsbanken announced growing figures for the same period. https://www.thelocal.se/20140717/handelsbanken-reports-profit-rise-nordeas-fall Thu, 17 Jul 2014 18:11:00 +0200 handelsbanken-reports-profit-rise-nordeas-fall Sweden's Handelsbanken posted growing profits on Wednesday in the first quarter, nudging slightly ahead of analysts' expectations. https://www.thelocal.se/20140430/british-growth-sees-profits-rise-at-handelsbanken Wed, 30 Apr 2014 17:25:00 +0200 british-growth-sees-profits-rise-at-handelsbanken Swedish bank Handelsbanken announced growing profits on Wednesday for 2013, thanks largely to an expansion into the UK and the Netherlands. https://www.thelocal.se/20140205/handelsbanken-posts-profits-after-uk-expansion Wed, 05 Feb 2014 16:41:00 +0100 handelsbanken-posts-profits-after-uk-expansion Sweden's Handelsbanken is opening a new UK branch every eighth day, securing its place not only in British borrowers' hearts, but reintroducing high street banking in an industry laid to waste by call centres. https://www.thelocal.se/20130802/49392 Fri, 02 Aug 2013 20:00:00 +0200 49392 Swedish bank Nordea announced a nearly 70 percent rise in third-quarter profits on Wednesday mainly thanks to higher lending and a tighter control on costs, but nevertheless failed to meet analysts' expectations. https://www.thelocal.se/20121024/44028 Wed, 24 Oct 2012 18:50:00 +0200 44028 Moody's Investors Service on Thursday downgraded its long-term ratings on three Swedish banks, believed to be at risk if the European financial crisis deepens. https://www.thelocal.se/20120525/41030 Fri, 25 May 2012 09:26:00 +0200 41030 Sweden's second-biggest bank, Handelsbanken, posted much-improved earnings for the full-year 2011 largely thanks to a decline in credit losses, the company said on Wednesday. https://www.thelocal.se/20120215/39134 Wed, 15 Feb 2012 16:37:00 +0100 39134 A high-ranking manager at Swedish bank Handelsbanken has been arrested on suspicion of having lent out millions of kronor without requiring the be secured by any collateral. https://www.thelocal.se/20110912/36098 Mon, 12 Sep 2011 18:49:00 +0200 36098 Swedish bank Handelsbanken posted a slight increase in profits on Wednesday on the back of a sharp fall in bad loan losses. https://www.thelocal.se/20110427/33434 Wed, 27 Apr 2011 16:43:00 +0200 33434 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. https://www.thelocal.se/20110302/32362 Wed, 02 Mar 2011 16:49:00 +0100 32362 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. https://www.thelocal.se/20110120/31538 Thu, 20 Jan 2011 10:04:00 +0100 31538 Sweden’s Handelsbanken reported 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. https://www.thelocal.se/20101020/29722 Wed, 20 Oct 2010 15:45:00 +0200 29722