Edition:
United Kingdom

Johan Ahlander

Swedish, Estonian regulators advance Swedbank probe

29 Oct 2019

STOCKHOLM Swedish and Estonian financial regulators have taken their investigations into Swedbank over anti-money laundering controls at its Baltic operations to the next level, they said on Tuesday, marking a formal step in the process that could lead to a financial penalty.

Nordea's new CEO has work cut out as bank plunges into the red

24 Oct 2019

STOCKHOLM/HELSINKI Nordea , one of the Nordic region's biggest lenders, swung into the red in the third quarter, surprising analysts and adding pressure on new CEO Frank Vang-Jensen as he seeks to revive profitability.

Cost of dealing with dirty money scandal hits Swedbank profit

23 Oct 2019

STOCKHOLM Swedbank reported a bigger-than-expected drop in quarterly earnings on Wednesday, hit by the costs of hiring more compliance staff and dealing with the fallout of its alleged involvement in a massive money laundering scandal. | Video

Moving on from scandal, Swedish Academy to award two Nobel literature prizes

07 Oct 2019

STOCKHOLM The Swedish body that awards the annual Nobel prize for literature will name two winners this week, including one for 2018 when the ceremony was scuttled by a sexual assault scandal that prompted reforms by the long secretive organisation.

North Korea breaks off nuclear talks with U.S. in Sweden

06 Oct 2019

STOCKHOLM Working-level nuclear talks in Sweden between officials from Pyongyang and Washington have broken off, North Korea's top negotiator said late on Saturday, dashing prospects for an end to months of stalemate. | Video

Sluggish recovery seen for Norwegian, Swedish currencies: Reuters poll

04 Oct 2019

OSLO/STOCKHOLM The Norwegian and Swedish currencies will remain stagnant against the euro in the near term and only partly reverse their recent weakness over the next year, a Reuters poll of foreign exchange strategists showed on Friday.

UPDATE 1-Iran still holding British tanker despite lifting detention order

25 Sep 2019

STOCKHOLM, Sept 25 British-flagged oil tanker Stena Impero is still being held in Iran, despite Tehran lifting a detention order on the vessel, its owner said on Wednesday.

Climate activist Greta Thunberg wins 'alternative Nobel Prize'

25 Sep 2019

STOCKHOLM Swedish teenage climate activist Greta Thunberg was named on Wednesday as one of four winners of the 2019 Right Livelihood Award, known as Sweden's alternative Nobel Prize. | Video

U.S. rapper A$AP Rocky spared jail after being found guilty of Stockholm brawl

14 Aug 2019

STOCKHOLM U.S. rapper A$AP Rocky was convicted in Sweden on Wednesday of assault over a Stockholm street brawl, but spared time in jail after a high-profile trial that had led President Donald Trump to accuse Sweden of treating him unfairly. | Video

A$AP Rocky awaits verdict on Sweden brawl

14 Aug 2019

STOCKHOLM American rapper A$AP Rocky learns his fate on Wednesday in a trial over a street brawl in Sweden that led U.S. President Donald Trump to champion his cause.

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