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Moody's Investors Service downgraded its long-term ratings on three Swedish banks, reflecting high reliance on wholesale funding, low profit margins and risk to asset quality. Moody's lowered its ratings on Nordea Bank AB and Svenska ...
May 25, 2012 at 03:10 | Source: Marketwatch
STOCKHOLM – The margin between mortgage rates and Swedish banks' financing costs have increased in recent years and was 1.1 percentage points at the end of the first quarter, Sweden's Financial Supervisory Authority said Thursday. In a report ...
May 24, 2012 at 07:44 | Source: FOXBusiness
Swedish financial markets are functioning better than at the end of last year, a Riksbank survey of bond and currency market participants showed. The “extensive” lending by the European Central Bank was the primary reason for the improved ...
May 23, 2012 at 09:18 | Source: Bloomberg
Volvo, like the recently departed Saab, has long been imagined as the brand-of-choice for an associate professor at a small liberal arts college. You can almost hear NPR and feel the corduroy jacket when a Saab 900 or Volvo 850 passes.
May 22, 2012 at 19:35 | Source: Boston Globe
BAKU (Reuters) - Swedish Eurovision Song Contest favourite Loreen strayed off script into a human rights row in Azerbaijan this week that has drowned out an annual European music show best known until now for its camp costumes and kitschy acts.
May 25, 2012 at 17:08 | Source: Reuters UK
STOCKHOLM May 24 (Reuters) - Swedish banks are making far higher returns on housing loans than in other business areas, the country's financial watchdog said, fuelling a controversy over whether customers are paying the costs of industry regulation.
May 24, 2012 at 12:01 | Source: Reuters UK
Sweden’s banks, among the best rated in Europe, shouldn’t pay too much attention to Moody’s Investors Service because the rater’s assessments tend to be outdated, Swedbank (SWEDA) AB Chief Financial Officer Goran Bronner said. “Moody ...
May 23, 2012 at 08:49 | Source: Bloomberg
Jonas Hiller tended goal for the Ducks in a club-record 73 games in 2011-12, including a franchise-mark-shattering 32 in a row at one point. He set the record for two reasons: (1) His fine play helped the Ducks make a second-half surge toward playoff ...
May 25, 2012 at 05:48 | Source: CBS Sports
NEW YORK (Reuters) - Stockholm is an international city - the array of bars and restaurants in Sweden's capital are testament to that, referencing Cuban daiquiris, Japanese sake cocktails and everything in between. Yet only a handful feature the ...
May 22, 2012 at 10:31 | Source: msnbc.com
NEW MALDEN, U.K. – May 25, 2012 – Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit is supplying advanced integrated bridge systems (IBS) for the new class of patrol boats being built for the Swedish Coast Guard.
May 25, 2012 at 06:09 | Source: msnbc.com