20 Oct 2025 | 5 Mins Read
Investors pressure Handelsbanken for greater transparency
Flipitmoney
Handelsbanken's board chose conservative Michael Green as CEO, reversing outgoing CEO Carina Akerstrom's plans to invest in technology and increase openness. The decision reflects the bank's focus on conservative strategy, slower investment in technology, and reliance on branch-based lending. Shares have underperformed peers, with profitability vulnerable to rate cuts and limited digital services.