Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna AB: “We want to be part of reshaping the retail banking industry.” Photograph: Bloomberg

Klarna has become the largest European fintech company to secure a banking licence, with the Swedish group saying it wants to become a Ryanair-type lo(...)

The Swedish Bankers’ Association last week said it would force homeowners to amortise all new mortgages worth more than 50 per cent of their properties, meaning that they won’t be able to take out mortgages above this level on an interest only basis.

Royal Bank of Scotland Group says lenders in Sweden have chosen the “worst” moment to tighten lending standards in Scandinavia’s biggest economy. A de(...)