SEB misses Q3 profit and revenue forecasts, confirms below full-year target
Published 15 h ago4 sourcesEvidence: Reported
SEB's profits fell and share buybacks were paused after the Swedish Financial Supervisory Authority demanded additional capital due to a model issue. Interim CEO Jonas Ahlström acknowledged the setback, contrasting with Swedbank's improved profitability and capital position. The development signals regulatory pressure on SEB's capital adequacy, potentially affecting its share price and investor sentiment.
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