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Klarna announces exec departures, lowers outlook

Summary by American Banker
The aspiring neobank and buy now/pay later lender's stock plunged after it painted a less bullish forecast and announced it will need a U.S.-based finance chief to replace Niclas Neglén, who is stepping down at the beginning of the year. Chief Marketing Officer David Sandström will also end his nine-year tenure at the fintech.
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American Banker broke the news on Tuesday, August 18, 2026.
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