Finance
Banking
Payments

Swedbank

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+$0.29 (1.97%) Today
$0.00 (0.00%) After Hours

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About

Swedbank AB engages in the provision of financial products and services. It operates through the following segments: Swedish Banking, Large Corporates and Institutions, Baltic Banking, and Group Functions and Others. Read More The Swedish Banking segment caters to customers through digital channels and branches as well as through cooperating savings banks and franchises. The Large Corporates and Institutions segment develops corporate and capital market products for the rest of the bank and the savings banks. The Baltic Banking segment handles customers located in Estonia, Latvia, and Lithuania. The Group Functions and Others consists of centralized business support units and the product areas group lending and payments, and group savings. The company was founded by Eduard Ludendorff on October 28, 1820 and is headquartered in Stockholm, Sweden. SWDBY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).

Employees
15,879
Headquarters
Stockholm, Stockholm
Founded
1820
Market Cap
16.53B
Price-Earnings Ratio
6.90
Dividend Yield
5.67
Average Volume
49.48K
High Today
$14.79
Low Today
$14.50
Open Price
$14.50
Volume
44.83K
52 Week High
$25.15
52 Week Low
$14.05

Collections

Finance
Banking
Payments
Europe (Non-UK)
Europe

News

Yahoo FinanceMay 20

Biggest Nordic Money Managers Hoard Banks in Laundering Scandals

(Bloomberg) -- The biggest Nordic asset managers are either holding on to, or increasing, stakes in banks dragged down by vast money laundering scandals.

26
Wall Street JournalMay 9

Anti-Money-Laundering Controls Play Bigger Role in Credit Ratings

Fitch last month cut its outlook for Swedbank AB as the bank struggled to contain a spiraling crisis over possible ties to a money-laundering scandal at Danske Bank A/S. Fitch last month cut its outlook for Swedbank AB as the bank struggled to contain a spiraling crisis over possible ties to a money-laundering scandal at Danske Bank A/S. Photo: ints kalnins/Reuters Lapses in anti-money-laundering and financial-crimes controls are more likely to affect a banks’ credit rating than almost any other nonfinanc...

11
Markets InsiderMay 6

Sweden Services Growth Slows For Second Month

(RTTNews) - Sweden's services sector growth slowed for a second month in a row in April, but has stabilized in recent months, suggesting a bottom in the cycle, survey results from the Swedbank and the logistics business lobby Silf showed on Monday.

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