- Reuters•7 days ago
LONDON/STOCKHOLM/OSLO, Jan 12 (Reuters) - Scandinavia is raising the pressure on financial regulators across Europe to get tough on allegations of "index hugging" - where active investment funds may be misleading clients by covertly tracking a stock index. Sweden's financial regulator has named 25 active funds run by some of the region's biggest providers which appeared largely to mirror benchmark indices, while in Norway a consumer watchdog is seeking compensation for investors from the asset management arm of DNB - a lawsuit the bank is contesting.
- Bloomberg•17 days ago
Nordea Bank AB is trying to allay concerns among regulators that measures designed to turn its subsidiaries into branches risk undermining financial stability across the Nordic region.
- Reuters•last month
Job cuts announced by European banks have tumbled in 2016, as they work through a backlog of layoffs unveiled in previous years and struggle to find new areas where they can trim staff without threatening profitable operations. Some industry watchers say lenders might even recruit a little next year overall, provided the market rally following Donald Trump's U.S. presidential election victory continues, although banks themselves are looking to joint ventures with rivals to cut costs further - signalling more layoffs. On Tuesday, UniCredit said it plans to cut 14,000 jobs by 2019, bringing the total number of layoffs announced by 17 major banks in Europe this year to just under 50,000, according to analysis by Reuters.
NDA-SEK.ST : Summary for Nordea Bank AB - Yahoo Finance
Nordea Bank AB (publ) (NDA-SEK.ST)
Stockholm - Stockholm Delayed Price. Currency in SEK
Add to watchlist
|Day's Range||101.90 - 102.80|
|52 Week Range||66.30 - 104.40|
|PE Ratio (TTM)||112.05|
|Dividend & Yield||0.72 (6.53%)|
|1y Target Est||N/A|