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Handelsbanken Cuts Number of Branches, Workforce
Handelsbanken - Q2 Profit After Tax at SEK 3,959 mln
Handelsbanken: Mårten Bjurman Appointed As Chief Audit Executive
Svenska Handelsbanken AB is a Sweden-based bank. It provides services for both private and corporate customers and operates through three business segments. Branch office operations in Sweden segment comprises six regional banks, Handelsbanken Finans’s and Stadshypotek’s operations in Sweden. It provides private banking, financial company services, credit card issuing and mortgage loans, among others. Branch office operation outside Sweden offer a range of banking services, and include regional banks in the United Kingdom, Denmark, Norway and Finland, Handelsbanken International, as well as Handelsbanken Finans’s and Stadshypotek’s operations outside Sweden. Capital Markets segment consists of Handelsbanken’s investment bank and asset management operations, including insurance savings. The Bank operates through a network of more than 700 branch offices and numerous subsidiaries, including Optimix Vermogensbeheer NV.
Chairman of the Board
President, Group Chief Executive Officer, Director
Vice Chairman of the Board
Acting Chief Financial Officer
Chairman of subsidiary
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Denmark's financial watchdog on Tuesday ordered Handelsbanken <SHBa.ST> to improve oversight of customers at its Danish branch after a review had found elevated risks of the branch being misused for money laundering and terrorist financing.
* To increased IT spending by 1 bln crowns (Adds, context, ceo, unions, analyst comment, shares)
Quarterly profits at Handelsbanken <SHBa.ST> and SEB <SEBa.ST> fell less than expected as the Swedish banks coped with the economic hit from the COVID-19 pandemic, although SEB saw a spike in provisions for bad loans.
Sweden's Handelsbanken <SHBa.ST> reported a smaller-than-expected fall in quarterly net earnings on Wednesday as the bank's loan portfolio continued to weather the impact of the coronavirus pandemic with ease.
Sweden's Handelsbanken reported a smaller-than-expected fall in quarterly net earnings on Wednesday, as the bank's loan portfolio continued to weather the impact of the coronavirus pandemic with ease.
Sweden's Handelsbanken <SHBa.ST> reported a smaller-than-expected fall in first-quarter net earnings as loan loss provisions caused by the financial strain of the coronavirus pandemic grew less than many analysts had estimated.
Sweden's Handelsbanken reported a steep drop in first-quarter net earnings, citing loan loss provisions caused by the financial strain of the coronavirus.
* DECISION TO RECALL PROPOSAL THAT ANNUAL GENERAL MEETING ON 25 MARCH 2020 APPROVE AN INCREASE OF BOARD FEES
Sweden's Handelsbanken <SHBa.ST> reported fourth-quarter net earnings above market estimates on Wednesday, boosted by favorable trading conditions and lower-than-expected costs.
Sweden's Handelsbanken reported fourth-quarter net earnings above market expectations on Wednesday, boosted by favourable trading conditions and lower than antipicated costs.
Denmark's financial regulator has ordered the Danish unit of Swedish Handelsbanken <SHBa.ST> to strengthen its anti-money laundering efforts and revise its risk evaluation, the watchdog said on Thursday.
Handelsbanken <SHBa.ST> said on Wednesday it would cut 800 jobs and pull out of Asia and Germany as it seeks to cut costs after restructuring charges dragged down the Swedish bank's third-quarter earnings.
Sweden's Handelsbanken reported quarterly net earnings below market expectations on Wednesday as it booked a restructuring charge to launch a sweeping cost-cutting plan.
Finland's Nordea said on Thursday it had appointed its head of personal banking at the Nordic region's biggest bank, Frank Vang-Jensen, as its new top executive.
Sweden's Handelsbanken <SHBa.ST> reported a marginally bigger-than-expected fall in net earnings on Wednesday as rising spending and a slower-than-anticipated rise in interest income overshadowed stronger commissions in the quarter.
Sweden's Handelsbanken reported a marginally bigger than expected fall in quarterly net earnings on Wednesday as rising spending overshadowed stronger income from commissions.
Sweden's Handelsbanken said on Thursday it would wind down its small-scale operations in Estonia, Latvia and Lithuania due to unsatisfactory performance even after efficiency measures taken by the bank in the region.
Sweden's Handelsbanken said on Thursday it would discontinue its operations in Estonia, Latvia and Lithuania during 2020.
Sweden's Handelsbanken on Wednesday reported first-quarter operating earnings above market expectations on the back of a reversal of provisions into the bank's profit-sharing scheme for employees.
Sweden's Handelsbanken reported first-quarter operating earnings above market expectations on Wednesday on the back of a reversal of provisions into the bank's profit sharing scheme for employees.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.