Swedbank Sees Net Interest Income Drop in Line With Peers
Swedbank AB reported first-quarter profit that beat analyst estimates, with costs better than estimated, in contrast with its Swedish peers.
Swedbank AB reported first-quarter profit that beat analyst estimates, with costs better than estimated, in contrast with its Swedish peers.
The deep freeze that’s gripped Europe’s real estate markets since borrowing costs jumped worsened at the start of the year as deals plunged to their lowest levels since 2011.
Former Credit Suisse trader Hamza Lemssouguer’s hedge fund suffered its second-biggest monthly loss in March as some of his credit bets soured.
The owner of FC Internazionale Milano SpA has been in discussions with Oaktree Capital Management and Pacific Investment Management Co. to refinance a loan coming due in May, according to people familiar with the matter.
The UK economy’s recovery from recession unexpectedly gathered pace at the start of the second quarter as private-sector firms reported the strongest growth in almost a year.
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