Shares in Swedbank rose sharply on Thursday after the U.S. Department of Justice ended its investigation into money laundering in the Baltics without issuing a fine, removing the biggest legal threat the bank had faced in years.
Swedbank AB (publ) (OTCPK:SWDBY) Q3 2025 Earnings Call October 23, 2025 3:30 AM EDT Company Participants Maria Caneman Jens Henriksson - President & CEO Jon Lidefelt - Chief Financial Officer Conference Call Participants Martin Ekstedt - Handelsbanken Capital Markets AB, Research Division Magnus Andersson - ABG Sundal Collier Holding ASA, Research Division Andreas Hakansson - SEB, Research Divi...
Barclays PLC (LSE:BARC) has agreed to sell its 50% stake in Scandinavian consumer credit provider Entercard Group to joint venture partner Swedbank, in a deal that values the business at SEK 5.2 billion (£400 million). Barclays said the sale will be completed at book value, estimated at SEK 2.6 billion (£200 million) for its share as of March 2025, with Entercard repaying funding equivalent ...
Barclays said on Thursday that it has sold its stake in joint venture Entercard Group to partner Swedbank AB at book value, estimated at 2.6 billion crowns ($273.2 million) as of March 31.
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