Swedbank Acquires Entercard: Barclays Sells Stake

Barclays exits Nordic credit card venture, selling its Entercard stake to Swedbank for $273 million. Swedbank now gains full control, signaling potential innovation, while Barclays streamlines operations to refocus on core businesses. A strategic move reflecting European banks' push for efficiency and market focus. Hosted on Acast. See acast.com/privacy for more information.