Hazy inflation trends in the Baltic countries: it’s time to get lucid
Swedbank has appointed Magnus Gagner Geeber as new head of the business area Large Corporates & Institutions (LC&I). Magnus Gagner Geeber is currently deputy head of LC&I, with special responsibility for large corporates. He will assume his new position with immediate effect and will remain as a member of Swedbank’s Group Executive Committee.
Latvia: GDP growth driven by investments in 1Q 2011
Latvia: CPI annual growth is about to peak
Swedbank is working actively to manage the bank’s capital structure and as a part of this process has applied for, and been granted, approval by Finansinspektionen (SFSA) to buy back issued, subordinated Tier 2 loans amounting to SEK 5bn. SFSA’s approval is valid until 31 August 2011.
Services PMI drops to 57.1 in May: Slower growth in service sector
Purchasing Managers´Index - Services,
PMI - Services,
PMI drops to 56.1 in May 2011 – signs of a downturn in the industrial economy
Estonia: CPI growth is continuously driven by food prices
As CEO for Swedbank Robur, the largest asset management company in Sweden, I want to highlight the importance of the financial industry having a sustainable investment strategy; from a financial perspective, an ownership perspective and a customer perspective.
Last week I participated in a panel on diversity in business together with Azita Shariati, head of Sodexo Sweden, and Sara Kullgren, CEO of Oriflame Sweden at a seminar arranged by financial weekly Veckans Affärer. Swedbank was one of the sponsors of this event, which featured speakers like Canadian Ambassador Alexandra Volkoff and our own Minister for Integration, Erik Ullenhag.
Economy blooming despite sketchy labour market developments
To ensure delivery of shares to the participants in Swedbank’s incentive program 2010 and to cover certain costs in connection with the program Swedbank AB (publ) (Swedbank) has issued and repurchased 1,500,000 C-shares. The number of C-shares has increased from zero to 1,500,000. The number of preferential shares is unchanged 207,264,185 and the number of ordinary shares is unchanged 952,325,992. The total number of shares has consequently increased from 1,159,590,177 with 1,500,000 to 1,161,090,177.
Lithuania’s productivity is gaining, but pace could be faster
On Saturday night May 28th the President of Latvia Valdis Zatlers announced his decision to propose a dissolution of the Parliament.
The welfare state needs a make-over
The anxiety in the markets has once again increased due to speculations surrounding the future for Greece.
Age, age, age . . . why are we in the west, and especially here in Sweden, so age obsessed?