|Bid||98.00 x 0|
|Ask||98.05 x 0|
|Day's Range||97.80 - 99.70|
|52 Week Range||94.75 - 115.70|
|PE Ratio (TTM)||95.52|
|Forward Dividend & Yield||0.70 (5.32%)|
|1y Target Est||11.23|
British funds rank worst in Europe for climate change impact, in a sign that UK asset managers are lagging behind their peers when assessing the investment risks of global warming. According to new research, ...
Nordic regulators are looking for ways to get more control over parts of Nordea Bank AB that are currently beyond their reach.
One week after Nordea Bank AB said it will cut 6,000 jobs in a digital bet, a key investor says the rest of the industry would do well to watch and learn.
The FSB, which coordinates financial regulation across the Group of 20 Economies (G20), said in its first report on artificial intelligence (AI) and machine learning that the risks they pose need monitoring. AI and machine learning refer to technology that is replacing traditional methods to assess the creditworthiness of customers, to crunch data, price insurance contracts and spot profitable trades across markets.
The 6,000 job cuts announced last week at Nordea Bank AB are just a down payment for an industry facing radical overhaul, says Chief Executive Officer Casper von Koskull.
Nordea Bank AB is again on the defensive as 6,000 job cuts -- and their cost -- surprise and anger everyone from unions to investors and analysts.
Nordea Bank AB said it will need to cut at least 6,000 jobs as the Nordic region’s largest lender struggles to stay competitive.
Nordea Bank AB will become a so-called systematic internalizer for foreign exchange, cash bonds and interest-rate derivatives in January in a bid to retain institutional clients.
One of the strongest critics of European Union bailouts is now warming to the idea of burden-sharing among governments.
Sweden’s minister in charge of bank legislation says the country is reviewing its regulatory framework after Nordea Bank AB announced it was moving into the European banking union.
Nordea Bank AB is losing clients in Sweden in what independent mortgage brokers say appears to be a protest against the bank’s plan to redomicile to Finland in pursuit of a more accommodating regulatory ...
Seadrill Ltd, the indebted oil rig firm controlled by Norwegian billionaire John Fredriksen, has agreed a restructuring that almost wipes out existing shareholders after filing for Chapter 11 bankruptcy protection. A deal with a consortium of investors, as well as bank lenders and many of its bondholders, will bring in more than $1 billion in fresh funding and aims to allow the firm to maintain its fleet of drilling units and pay creditors and staff. "Holders of Seadrill common stock will receive approximately 2 percent of the post-restructured equity," Seadrill said in a statement published late on Tuesday.
HELSINKI (AP) — The Nordic region's largest bank says it will move its administrative headquarters from the Swedish capital to Helsinki in Finland, which is part of the European banking union.
Nordea Bank, the Nordics’ biggest lender, said Wednesday it would move its headquarters from Sweden to Finland, which is inside the eurozone’s banking union, saving as much as €1 billion.
A European banking giant just snubbed one of the world’s strictest financial supervisors by moving to a more accommodating regulatory setting.
European shares dropped on Thursday as a jump in the bloc's currency following the European Central Bank's policy meeting weighed on exporters, while disappointing updates prompted big moves on individual stocks. The pan-European STOXX 600 ended 0.4 percent lower in a choppy session, reversing earlier gains as a spike in the euro dragged on export-oriented stocks. The rally in both the currency and bond yields came after the ECB left its ultra easy monetary policy unchanged, and President Mario Draghi said that policymakers would discuss potential tweaks to its bond-buying programme in the autumn.