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Swedbank is Sweden’s first savings bank, founded in Gothenburg in 1820. Today, it is a major international banking group with home markets in Sweden and the Baltic States. Its international branches connect the Nordic region with China, the US, Luxembourg and South Africa. Swedbank provides financial solutions and services for private and corporate clients. Its business areas are Swedish Banking, Baltic Banking, and Large corporates & Institutions (LC & I). The Swedish Banking segment comprises just over half of the company's operations. The Baltic Banking segment manages operations in Lithuania, Latvia, and Estonia. The LC & I segment offers services to established companies and large financial institutions. The savings bank trades on the NASADAQ Stockholm exchange under the ticker SWED A. Look up the latest info on the Swedbank share price and tap into Sweden’s large cap financial segment.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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