Knut Hallberg, Senior Economist, and Thomas Jellvik, Equity Strategist, both at Swedbank, comment on the reelection of President Obama in the US.
On 5 November Swedbank launched a digital platform developed in Latvia - Business Network.The Business Network innovatively combines a customer relations management (CRM) system and social networking functionality, as well as providing other opportunities. The Business Network will be available from 12 November and will allow making contacts with all companies that are Swedbank customers and have registered with the network. This opens an opportunity for every entrepreneur to meet over 75 000 other businesses from all over Latvia.
Services PMI rises to 50.3 in October: decline in service economy turns around
Purchasing Managers´Index - Services,
PMI drops to 43.1 in October – a steeper downward trend in industry
More misery via the media – but recent economic indicators actually tell us something
Parliament elections suggest change in government
GDP growth in the third quarter accelerated to 4.4%
Income distribution in Estonia- did the crisis change anything?
In order to encourage people to be smart about their money, and especially to create savings, Swedbank, in cooperation of Latvian experts, has created a customer loyalty program called ‘Smart Points’.
Risk of deeper and lengthier global slowdown
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank is commenting on the Swedish Riksbank's decision to leave the repo rate unchanged at 1.25 per cent.
The Swedish stock exchange ended last week on a negative note, wiping out most of the week’s increase. Stockmarkets in the eurozone did better following decreasing concerns relating to Spain and Italy where market rates subsequently fell. The US stock exchange also closed at a minus on Friday following weak reports. The risk in the market has risen somewhat.
A short presentation of Swedbank Group, 30 September, 2012.
Presentation of Q3 2012 results from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg
Swedbank CFO Michael Wolf: "We are hiring and Investing" .
Michael Wolf tells CNBC that the company has been very prudent with their balance sheet for three years, which is now allowing them to hire.
CEO Michael Wolf and CFO Göran Bronner are commenting on the Interim Report Q3 2012 and are giving their view on the future.
A few years ago - just after the financial crisis and the global recession - US economists were relatively optimistic about the future. Throughout their careers, they had been accustomed to V-shaped recessions, i.e. relatively quick downturns followed by quick upturns. This time it was different!
Rising commodity prices despite weak global conditions
The stockmarket has fallen slightly in recent weeks. The Q3 reporting season has just started and seems to be in line with subdued expectations.