Edition:
United Kingdom

Colm Fulton

Climate strike but no cake for Greta Thunberg as she turns 17

03 Jan 2020

STOCKHOLM "I'm not the kind of person who celebrates birthdays," Greta Thunberg said as she turned 17 on Friday, marking the occasion in inimitable style - with a seven-hour hour protest outside the Swedish parliament.

Riksbank reclaims payments role as Swedish cash loses its crown

19 Dec 2019

STOCKHOLM As central bank for the world's least cash dependent economy, Sweden's Riksbank risks becoming a bystander.

Swedish watchdog to decide whether to fine SEB in money laundering probe

18 Dec 2019

STOCKHOLM Sweden's financial watchdog said on Wednesday it had to decide whether to fine SEB , which is the subject of an anti-money laundering investigation related to the lender's Baltic operations.

Austria's Handke receives Nobel Literature Prize amid protests, criticism

10 Dec 2019

STOCKHOLM Demonstrators braved freezing temperatures on Tuesday to protest against the awarding of the 2019 Nobel Prize for Literature to Austrian writer Peter Handke because of his support for the late Serbian leader Slobodan Milosevic.

Swedbank revamps management after money laundering probe

09 Dec 2019

STOCKHOLM Swedbank said on Monday its chief risk officer was leaving as the Swedish bank's new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.

Sweden's SEB dismisses report of money laundering 'red flags'

27 Nov 2019

SEB said it saw no need for further action after a Swedish Television (SVT) report on Wednesday said accounts at the bank had links to suspected money laundering in Estonia.

Swedbank to investigate report of possible U.S. sanctions breach

20 Nov 2019

STOCKHOLM Swedbank's chief executive Jens Henriksson vowed on Wednesday to "get to the bottom" of an alleged funds transfer from a Russian arms company, which Swedish public service broadcaster SVT said may have violated U.S sanctions.

Sweden's SEB says it was already aware of client names provided by TV show

19 Nov 2019

STOCKHOLM Sweden's SEB has received a list of 194 of its corporate clients from public broadcaster SVT, a day before it airs a programme investigating money laundering in the Baltics that is expected to include information about the bank.

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