Dow Jones Newswires: Sweden’s SEB posts forecast-beating profit, as net interest income climbs

By Dominic Chopping

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 the SEK7.63 billion forecast…

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