Swedbank's Year-end report 2019
Swedbank's President and CEO Jens Henriksson comments: “I want to simplify and clarify, which will strengthen the management team and at the same time provide more decision-making power throughout the bank.”Fourth quarter 2019 compared with third quarter 2019 · Lower net interest income weighed down by lower lending margins · Higher asset management valuations and corporate finance activity strengthened net commission income · Higher net gains and losses on financial items due to favourable market development · Increased expenses affected by investigations as well as higher IT