Mathhew Saltmarsh, NY Times
PARIS — In a sign of the continued fallout from the weakness in the Baltic economies, the Swedish lender Swedbank announced deep job cuts Friday as it posted its second consecutive quarterly loss.

Swedbank, the largest Swedish bank by clients and the one with the biggest credit exposure to the Baltic economies, posted a net loss of 2 billion kronor, or $300 million, in the second quarter after losing 3.3 billion during the first quarter. In the second quarter of 2008, the bank posted net income of 3.6 billion kronor.

Continue reading here:
http://www.nytimes.com/2009/07...

Archived Articles

TRENDING

26 Apr 2024 17:26

Talvi Maimets: Corrections to St. Peter’s Congregational Council response (6)

26 Apr 2024 12:00

Gaidide-skautide jüripäev Seedriorul (1)

26 Apr 2024 11:52

Filmikaameraga minevikku elustamas (1)

26 Apr 2024 11:48

Mai Raud Pähn 2.11.1920 – 23.04.2024 †

26 Apr 2024 10:23

Kairi Hemingway resigns as President of the Estonian Central Council in Canada (3)

26 Apr 2024 08:58

NATO cyber defense exercise in Estonia ended on Friday

26 Apr 2024 07:30

Teet Kalmus: Venamaa jätkab aktiivseid rünnakuid Ukraina vastu, olukord rinnetel on keeruline

24 Apr 2024 10:38

Tallinna Lennujaam uuendas halva ilmaga maandumise taristut

24 Apr 2024 09:54

Teet Kalmus: Ukraina armeel on puudus sisuliselt kõigest, olukord rinnetel on raske (1)

23 Apr 2024 16:14

Jüri Toomepuu: rahvastikuprobleem – Eesti riigi ja rahva eksistentsiaalne oht (2)

22 Apr 2024 11:35

Mati Saastamoinen wins Toronto Estonian Chess Club Spring Chess Tournament

22 Apr 2024 06:57

Teet Kalmus: USA abi aitaks Ukrainal kaitse paremini pidama (2)

20 Apr 2024 19:14

Carmel Kallemaa edukas etteaste Canada's Got Talent eelvoorus

19 Apr 2024 14:56

Parimad valikud maitsehuvilistele: Eksklusiivsed Kulinaariaelamused

19 Apr 2024 12:48

Riina Märkmik: Märgatud bussijaamades

19 Apr 2024 12:44

Kevadtalgud Agricolas

19 Apr 2024 12:41

Eestlased said Ontario vabatahtlike tunnustused (6)

19 Apr 2024 12:24

Eesti ja Soome vaheline gaasijuhe on parandatud

Kairi Hemingway resigns as President of the Estonian Central Council in Canada (3)Teet Kalmus: USA abi aitaks Ukrainal kaitse paremini pidama (2)Carmel Kallemaa edukas etteaste Canada's Got Talent eelvoorusJüri Toomepuu: rahvastikuprobleem – Eesti riigi ja rahva eksistentsiaalne oht (2)Mati Saastamoinen wins Toronto Estonian Chess Club Spring Chess TournamentTalvi Maimets: Corrections to St. Peter’s Congregational Council response (6)Teet Kalmus: Ukraina armeel on puudus sisuliselt kõigest, olukord rinnetel on raske (1)Tallinna Lennujaam uuendas halva ilmaga maandumise taristutNATO cyber defense exercise in Estonia ended on FridayGaidide-skautide jüripäev Seedriorul (1)

Madam Vaps-a-lot? artiklile Kairi Hemingway resigns as President of...: That’s one way to avoid answering the question! Why did all of the elected members resign? If the community is no longer involved with making decisions, then who is? Who appointed this group that... EKN artiklile Kairi Hemingway resigns as President of...: EKN used to be an association. It is now incorporated under Canada NonProfit Corporations Act CNCA and, as such membership policy had to change. New governance structure has been approved by the... pray tell artiklile Talvi Maimets: Corrections to St....: What are these things that the current council has to answer for? "... this present council will have a lot to answer for one day."1. Keeping the St. Peter's church alive for our... Fantasy master artiklile Talvi Maimets: Corrections to St....: And you, härra tohkter, will also be answering for your own self, if and when the Keskus boondoggle turns out to be something like the Tallinna Linnahall... Reality doctor artiklile Talvi Maimets: Corrections to St....: I find it immensely amusing that this group in particular, is talking about their desire ‘not to respond to rumours, misinformation, and provocation in a public forum’. When in fact those are... Õ artiklile Talvi Maimets: Corrections to St....: Implication was that the roof needed to be fixed/replaced and this was going to cost 1.5 million dollars, money the church did not have and does not have, therefore it is unaffordable, and we have to... To lugeja artiklile Talvi Maimets: Corrections to St....: If memory serves, the previous Council stated that the estimated cost to REPLACE the roof was $1.5M. lugeja artiklile Talvi Maimets: Corrections to St....: From what I read earlier, Talvi was part of the previous council who said that it would take ~1.5 million to fix the leaking roof and the new council got it done for less than one percent of that. I... lugeja artiklile Teet Kalmus: Ukraina armeel on puudus...: https://www.welt.de/politik/au...Väljaanne Die Welt väidab, et neil on olemas dokumendid, mis koostati 2022. aasta aprillis, et peatada sõjategevus ja korraldada rahukonverents. Lisaks loobumine... Head scratcher artiklile Kairi Hemingway resigns as President of...: EKN used to have national elections to elect members and their executive. Who the heck elected or selected or self-appointed(??) these people? What happened to the elected EKN members and executive?