Sweden’s SEB posts forecast-beating profit, as net interest income climbs
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STOCKHOLM--Skandinaviska Enskilda Banken AB on Wednesday posted a better-than-expected first-quarter net profit, driven by a sharp rise in net interest income. The Sweden-based bank posted net profit of 9.39 billion Swedish kronor ($911 million), up from SEK6.37 billion a year earlier and ahead of…
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