Sector: Corporate banking

Government intervention may not diminish Swedish banks’ appeal

With Sweden’s political leaders threatening part-nationalisation of the banking system if their disastrous Baltic loans take another tumble, the country’s banks are clearly not out of the woods yet. However, part-nationalisation of big names such as Swedbank or SEB might not necessarily lead to them looking for greater rewards elsewhere. Swedish finance minister Anders Borg [...]

Nordic banks still eager to recruit

Obviously 2008 was a terrible year for financial services, but it seems that Nordic banks (Iceland excluded) have fared relatively well and may even provide some job opportunities in 2009. The economic crisis is clearly a global phenomenon, but industry observers say Nordic banks largely stayed clear of the riskier loans which have left the [...]

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