Swedbank AB (SWDBY.PK)
26 May 2017
(The following statement was released by the rating agency) LONDON, May 24 (Fitch) Swedish banks would not have to raise new capital as a result of proposed floors on the risk weights that banks use to calculate capital requirements, Fitch Ratings says. Capital floors would increase banks' modelled Pillar 1 capital requirements under the international Basel regulatory framework. But we believe reductions in the Swedish regulator's Pillar 2 requirements, which are conservative relative to other E
(The following statement was released by the rating agency) LONDON, May 16 (Fitch) Fitch Ratings has affirmed Swedbank AB's (Swedbank) Long-Term Issuer Default Rating (IDR) at 'AA-', Viability Rating (VR) at 'aa-', and Short-Term IDR at 'F1+'. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is at the end of this rating action commentary. In addition, Fitch has assigned Swedbank a 'AA-(dcr)' Derivative Counterparty Rating (DCR) as part of its roll-out of DCRs to signific
Sweden's financial watchdog said on Monday it was ending a probe into how Swedbank dealt with potential conflicts of interest related to the activities of former executives without imposing any penalties.
May 16 Sweden's financial watchdog said on Monday it was ending a probe into how Swedbank dealt with potential conflicts of interest related to the activities of former executives without imposing any penalties.
* Says we welcome fact that SFSA has made its decision, so that we can put this issue behind us
* Swedish FSA says ends review of Swedbank about handling of conflicts of interest
* Says for 2016, Payex total operating income amounted to SEK 541m, total operating costs to SEK 460m and profit before tax to SEK 78m
STOCKHOLM, April 25 Swedish banking group Swedbank posted a 20 percent increase in first-quarter operating profit that beat market expectations as macroeconomic conditions continued to improve both at home and abroad.
STOCKHOLM, April 25 Swedish banking group Swedbank reported first-quarter net earnings above market expectations on Tuesday as macroeconomic conditions continued to improve both at home and abroad.
* Oscar Engelbert has engaged ABG Sundal Collier AB and Swedbank AB to investigate the conditions for a placement of up to 3,750,000 common shares of Oscar Properties holding AB - ABG Sundal Collier statement
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