Search This Blog

Showing posts with label Net interest income. Show all posts
Showing posts with label Net interest income. Show all posts

10/22/2014

Swedbank Cuts Jobs as Low Interest Rates Hurt Profit Outlook

Swedbank AB (SWEDA), Sweden’s biggest mortgage lender and the largest bank in the Baltics, will cut as much as 5.5 percent of its staff to try to adjust to the low rate environment created by unprecedented central bank easing.