Sweden"Don't think I'll get my Bank ID back. Or my bank account. But I am more than happy to get back the money that SEB has stolen", Mattias Albinsson emphasizes.
banks
Bank CEO’s explanation for distrust in banks: “Anti-Semitism”
EconomyMajority of Poles now express distrust in banks - but BNP Paribas boss dismisses it as a legacy of historical prejudice.
Swedish banks and police launch joint “intelligence center”
SwedenSwedish police will now work "proactively" and exchange "operational information" on banks' customers.
160 000 Swedes lost their bank accounts in three years
EconomyNew record figures: In 2022 alone, Swedish banks threw out 60,000 customers.
Swedish restaurateur suspended from bank after ten years – no explanation given
Sweden“It's so sick that you can be treated this badly as an entrepreneur in Sweden”, says Linda to The Nordic Times.
EU spends hundreds of millions of euros to finance Ukraine
EuropeEuropean banks provide an additional 600 million euros in financing packages to "mitigate the effects of the war".
Cartoon of the week
Major bank under investigation for money laundering
WorldAccused of not knowing or caring where wealthy clients' money comes from.
Bank branch closures threaten rural Sweden
Sweden– It is laughable when banks say they are socially responsible, says Johan Grip, chief economist at Företagarna.
Florida to stop banks from discriminating
World117 banks in Florida have signed a pledge not to engage in "unsafe and unsound practices", such as discriminating against customers on political or religious grounds.
Nigel Farage sues NatWest Group for millions of pounds
WorldThe goal is to pursue a class action lawsuit against the bank.
Kicked out of bank after 30 years – deposited “too much” cash
Sweden"Banks deliberately break the law to get rid of unprofitable customers", says lawyer.
UK’s Financial Conduct Authority to review political behaviour of banks
WorldFollowing the decision by the bank Coutts to suspend the accounts of Brexit politician Nigel Farage.
Swedish government wants to give banks additional powers
SwedenA new working group will increase the exchange of information between the banking sector and the police.
Left: Introduce “oligopoly tax” for banks
SwedenWants a temporary 50% tax on what it calls "excess profits," according to party leader Dadgostar's statement.
Savings economist: Banking culture resembles a cartel
EconomyClaes Hemberg criticizes the huge profits of the banking sector and calls for more competition and transparency.
Former finance minister: Swedish people pay for banks’ profits
Economy"For ordinary people this is extremely provocative", says Mikael Damberg.
The bank expelled Farage for political reasons
World"This story is not just about me. You could be next", the outspoken politician warns.
Banks reap multi-billion profits during crisis
Economy"It is good that banks make money," says Jens Henriksson, CEO of Swedbank.
Bank throws out Nigel Farage
WorldThe politician accuses the banks of engaging in "political persecution".
Foreign aid in jeopardy as Swedish banks shut down associations’ accounts
EconomySwedbank refuses to explain itself – but admits that it can close accounts without a concrete suspicion of crime.
Former Sweden Democrat politician was denied a bank account
SwedenSimon Alm believes he was blacklisted because of his political background.
Rothschild expands in Japan
Economy"We see strong potential in the Japan market, and we are acting accordingly", says head of Japanese branch.
Pro-life organization excluded by major banks in Sweden
Economy– It is hard to believe that the fact that we are anti-abortion does not play a role in how they treat us, says the chairman.
Bob Moran’s cartoons
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