52 Week Range
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Nordea Bank Says Sampo Group CEO Kari Stadigh Appointed Chairman Of Nomination Board
Nordea Deputy CEO And Group COO Torsten Hagen Jørgensen And Chief CPO Karen Tobiasen To Step Down And Leave Co
Cevian looking for "dramatically" better profitability under new Nordea CEO
Nordea Bank Abp is a Finland-based bank engaged in corporate merchant banking, as well as retail banking and private banking. The Bank reports four main business areas, namely Personal Banking, Commercial & Business Banking, Wholesale Banking and Asset & Wealth Management. Personal Banking provides services and solutions for the Bank's household customers in the Nordic markets. Commercial & Business Banking serves large, medium-sized and small corporate customers. Wholesale Banking provides banking and other financial solutions to large-sized Nordic and international corporate, institutional and public companies. Asset & Wealth Management provides investment, savings and risk management products, manages customers’ assets and advises individuals, as well as institutional investors on their financial situation.
Chairman of the Board
President and Group Chief Executive Officer, Member of the Group Executive Management
Group Chief Financial Officer, Head of Group Finance & Treasury, Member of the Group Executive Management
Chief Risk Officer, Head of Group Risk and Compliance, Member of the Group Executive Management
Chief Legal Officer, Deputy Managing Director, Member of the Management Board
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Nordea <NDAFI.HE> said on Wednesday chief financial officer Christopher Rees will leave the Nordic banking group next year to move back to Britain to pursue new opportunities.
Danish tax agency has demanded Nordea <NDAFI.HE> repay 900 million Danish crowns ($133 million) in relation to a dividend tax refund case.
Denmark's central bank could cut its key deposit rate to a record low among developed economies on Thursday if the European Central Bank eases policy earlier in the day via a rate cut and other tools, as expected.
Finland's Nordea <NDAFI.HE> said on Tuesday that two senior executives, including its chief operating officer (COO), would leave the banking group, marking the first moves under newly appointed CEO Frank Vang-Jensen.
Banks in Norway should tighten mortgage lending to households, the financial supervisory authority recommended on Tuesday.
* Safran jumps after raising FY profit forecast (Updates to close)
Finland's Nordea <NDAFI.HE> on Thursday named Frank Vang-Jensen, head of personal banking at the Nordic region's biggest bank, as its new chief executive, who pledged to keep a close eye on costs at the group.
Danske Bank <DANSKE.CO> named Stephan Engels from Commerzbank <CBKG.DE> as its finance chief on Thursday, in an ongoing overhaul by the Danish lender's new boss to restore trust after its involvement in a damaging money laundering scandal.
Finland's Nordea said on Thursday it had appointed its head of personal banking at the Nordic region's biggest bank, Frank Vang-Jensen, as its new top executive.
* Existing shareholders will also cut stakes (Adds quotes from EQT chief executive, further background)
Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to help fund greater defence spending from 2022.
STOCKHOLM, Aug 31 (euters) - Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to fund greater defence spending from 2022.
Brazil's foreign minister and President Jair Bolsonaro's son met with U.S. President Donald Trump on Friday to discuss the fires ravaging the Amazon rainforest, although no concrete measures to deal with the blazes were announced.
The asset management arm of Nordea <NDAFI.HE>, one of the Nordics' biggest banks, said it is suspending purchases of Brazilian government bonds, the latest Nordic investor to take action in response to the outbreak of Amazon forest fires.
The head of the Finnish government's investment firm Solidium said on Wednesday it made sense to concentrate its holdings and lower the number of companies in which it has stakes from 14.
Norwegian banks expect only minor changes in credit demand, credit standards, loan conditions and lending margins in the third quarter, both for households and companies, a central bank survey of the industry showed on Thursday.
Finnish insurance group Sampo could increase investment across the Nordic financial sector with surplus capital after reducing its stake in regional bank Nordea, its chief executive said.
Financial group Sampo posted a smaller than expected drop in second-quarter earnings on Wednesday and said its largest insurance unit would be more profitable this year than previously anticipated.
* EU adds football, free ports to list of risky sectors (Adds EBA)
Nordea <NDAFI.HE>, the biggest bank in the Nordics, said it would review its financial targets in coming months, as the region's lenders struggle with weak growth at home and rising compliance costs from money laundering scandals overseas.
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