Russia’s Putin oversees hypersonic missile test in Crimea: TASS

MOSCOW (Reuters) – Russian President Vladimir Putin oversaw military exercises near Crimea on Thursday, which included the launch of the hypersonic ‘Kinzhal’ missile, the TASS news agency reported. Russia... Read more »

Swedish, Estonian regulators advance Swedbank probe

STOCKHOLM (Reuters) – Swedish and Estonian financial regulators have opened sanction cases into Swedbank (SWEDa.ST) over anti-money laundering controls at its Baltic operations, they said on Tuesday, a formal... Read more »

Baltic index edges lower as capesize rates slip

Oct 14 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Monday on weaker capesize vessel rates.... Read more »

Sweden to introduce bank tax to fund defense boost

STOCKHOLM (Reuters) – Swedish Finance Minister Magdalena Andersson said on Saturday the center-left coalition government would introduce a bank tax to help fund greater defense spending from 2022. FILE... Read more »

Estonia questioned three Aripank staff in new money laundering probe

TALLINN (Reuters) – Estonian police said they held three employees of local bank Tallinna Aripank for questioning this week for 48 hours as part of an investigation into suspected... Read more »

Front-runners Simonyte, Nauseda to meet in Lithuania presidential runoff, prime minister to resign

VILNIUS (Reuters) – Pre-election favorites Ingrida Simonyte and Gitanas Nauseda will face off in the second round of Lithuania’s presidential election, as Prime Minister Saulius Skvernelis conceded defeat in... Read more »

Nordea’s sale of Luminor Bank to Blackstone delayed

HELSINKI, April 30 (Reuters) – Nordea said on Tuesday the closing of its deal to sell majority of Luminor Bank, a Baltic joint venture with DNB, to a Blackstone... Read more »

Spooked by money laundering scandal, SEB cuts Swedbank stake

FILE PHOTO: The SEB logo is seen on their headquarters building in Stockholm April 28, 2010. REUTERS/Bob Strong/File Photo STOCKHOLM (Reuters) – Swedish bank SEB’s fund management arm has... Read more »

Swedbank Chairman Lars Idermark steps down

STOCKHOLM, April 5 (Reuters) – Lars Idermark has decided to leave his role as chairman of Swedbank with immediate effect, the bank said in a statement on Friday. Swedbank... Read more »

Swedbank may have misled U.S. over client links to Panama Papers: Swedish TV

STOCKHOLM (Reuters) – Swedbank may have withheld information from U.S. authorities over suspicious financial transactions, Swedish Television said on Wednesday, adding to pressure on the bank which is under... Read more »