Skandinaviska Enskilda Banken AB (LTS:0GUX)
kr 155.2 0.4 (0.26%) Market Cap: 314.76 Bil Enterprise Value: 657.90 Bil PE Ratio: 8.39 PB Ratio: 1.51 GF Score: 71/100

Q3 2019 Skandinaviska Enskilda Banken AB Earnings Press Conference Transcript

Oct 23, 2019 / 07:15AM GMT
Release Date Price: kr92.06
Christoffer Geijer;publ.;Head of IR
Skandinaviska Enskilda Banken AB

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A warm welcome, everyone, to today's results presentation. Our CEO, Johan Torgeby; and our Finance Director, Masih Yazdi, will give an update on the third quarter results. After that, we will run a Q&A session, and we will have bilateral interviews with media afterwards.

And with that, I hand over to Johan Torgeby.

Johan Torgeby;publ.;President
Skandinaviska Enskilda Banken AB;CEO & Director

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Thank you, Christoffer, and welcome, everyone, to a, well, more than fairly beautiful October morning here in Stockholm.

So we'll start with putting this quarterly result in context, and we can start with just reflecting a bit of the equity markets, which has been quite choppy during the last quarter. If you remember the start of the summer, in July, we saw a very, very strong equity market for a few weeks, only to come down over the subsequent month by about 10% and then recovering the whole

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