The shareholders in Swedbank AB are hereby given notice to the Annual General Meeting at Cirkus, Djurgårdsslätten 43–45, Stockholm, on Friday March 25, 2011 at 11:00 am (CET).
Swedbank's Capital Markets Day in Stockholm. Follow the event here.
Incorrect information in Swedish newspaper Dagens Nyheter regarding cyber attacks against Swedbank in 2010.
In conjunction with today’s capital markets day, Swedbank is introducing a new financial target regarding the bank’s return. The return on equity shall amount to 15 per cent.
return on equity,
capital markets day,
The technical operations and euro-related opportunities may repeat themselves for Estonian enterprises in the near future. Our southern neighbour Latvia is an important trade partner for Estonia. A number of Estonian entrepreneurs are active on the Latvian market.
The changeover to the euro was the biggest project that Estonian enterprises have ever implemented.
The decision from the Riksbank to do another rate hike, taking the policy rate to 1.50 percent, was an uncontroversial one.
January has passed, half of February is over and only about 18 months to go to do this all over again.
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 the Swedish Financial Supervisory Authority (‘SFSA’) to buy back issued, subordinated Tier 2 debt securities amounting to SEK 10bn. SFSA’s approval is valid until 15 April 2011.
On January 14th SEK 45 million was distributed to 79 non-profit organizations at the annual event, Hjärtedagen (The Heart Day), an initiative within the frame of Swedbank's engagement in society. The money comes from Swedbank's customers who save in charity funds.
Youth unemployment has become a growing problem in Sweden. Current numbers point out that 22 percent of the people in the ages 15 to 24 are listed as job seeking. Those who fail to get that first job might face long-term alienation and social stigmatization.
Within the business area Large Corporates & Institutions Swedbank is currently developing an integrated Investment Banking and Corporate Banking organisation with the ambition of becoming a top 3 player towards preferred clients. In connection with this Peter Wessel has been appointed Global Head of Equities Sales and Tomas Eriksson has been appointed Head of Swedbank First LLC, the banks broker/dealer operation in New York.
Plenty of economic policy challenges still remain
Economic Research Department