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Nordea to announce decision on location of headquarters on Sept 6
August 31, 2017 / 11:53 AM / in 3 months

Nordea to announce decision on location of headquarters on Sept 6

COPENHAGEN, Aug 31 (Reuters) - Nordea, the Nordic region’s biggest bank by market value, will announce a decision on whether to move its headquarters out of Sweden on Sep. 6., a spokeswoman said on Thursday.

Nordea has threatened to move its headquarters after the Swedish government unveiled plans to increase fees banks pay into a fund designed to protect taxpayers if there is another financial crisis.

Copenhagen and Helsinki are widely seen as the two main options, if Nordea decides to move its headquarters.

Reporting by Jacob Gronholt-Pedersen, editing by Terje Solsvik

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