Swedish election risk flagged for bank earnings; tax could hit profits
Citi analysts say Sept. 13 elections pose material risk to Swedish bank earnings if the opposition takes power. A Social Democrats’ proposed bank tax could represent 2%-8% of 2027 consensus pretax profit.
Elections on Sept.
13 pose a material risk for Swedish bank earnings, should the opposition party that is leading in the polls win power, Citi analysts write in a note.
A bank tax, as proposed by the Social Democrats, would potentially represent 2%-8% of 2027 consensus pretax profit, Citi says.
Nor…