|Bid||87.14 x 0|
|Ask||87.16 x 0|
|Day's Range||86.80 - 87.62|
|52 Week Range||84.02 - 114.40|
|PE Ratio (TTM)||94.47|
|Forward Dividend & Yield||6.93 (7.90%)|
|1y Target Est||96.79|
Clients looking for investment advice at the biggest Nordic bank have recently been introduced to a robot. Nora, the robo-adviser that Nordea Bank AB launched last month, has already been asked to start investment processes equivalent to 4 percent of the roughly 500,000 people who get savings advice from the bank each year. Nordea wants to use Nora to help expand that figure to about 2 million people in the next 2-3 years.
The Nordea funds that blacklisted Facebook Inc. for privacy risks are now questioning the social media giant’s decision to expand into a dating service that will rely on highly sensitive personal information being shared. “Facebook needs 3 years to fix the data and privacy issues, but just found time to launch a dating feature and take on Tinder,” Sasja Beslik, head of sustainable investing at Nordea Asset Management, wrote on Twitter.
AB (NDA.SK) on Wednesday posted a 3.6% drop in first-quarter net profit but said it is confident of delivering net-profit growth this year, though it warned that it will be harder to reach its revenue guidance. Net profit at the Stockholm-based bank fell to 809 million euros ($988 million) in the three months ending March 31 from EUR839 million in the same period a year earlier, against the EUR812 million forecast in a FactSet poll of analysts. “As the underlying revenues in the first quarter were softer than expected it is more challenging to reach our full-year revenue guidance,” said Chief Executive Casper von Koskull.
Nordea Bank AB has been losing mortgage customers in Sweden for five consecutive months, marking an unprecedented development at the biggest Nordic lender.
About 30 finance professionals well versed in bank regulations are urgently needed to help Finland prepare for the arrival of a global systemically important bank this year.
Nordea Bank AB won enough support from its shareholders for its proposed move to Helsinki from Stockholm, paving the way for the Nordic region’s largest bank to join Europe’s banking union.
Nordea Bank AB is looking likely to win enough backing from shareholders to proceed with its proposed move to Helsinki from Stockholm, paving the way for the largest Nordic lender to join Europe’s banking ...
Finland is promising it won’t add to the list of financial regulations facing Nordea Bank AB as the lender prepares to move its headquarters to the northernmost euro member.
Nordic banks have been unable to topple the dominance of Wall Street when it comes to arranging the region’s deals.
Nordea Bank AB suffered a setback on Monday after an umbrella group for thousands of smaller shareholders said it opposes the lender’s plan to move its headquarters from Stockholm.
European shares opened in negative territory on Thursday as investors wait to see how the European Central Bank will react to a fast-rising euro and a faltering dollar. The pan-European STOXX 600 index ...
Nordea Bank AB, one of the biggest lenders to publicly embrace complex capital relief deals, has cooled on such transactions as new management focuses on the bank’s costs, people familiar with the matter ...
Nordea Bank AB is targeting a fourfold increase in the number of clients receiving investment advice. To achieve that goal, it’s using a robo-adviser.
Nordea Bank AB will approach about 500 employees in Finland on Friday as it starts acting on a program announced in October to cut thousands of jobs.
As it prepares to welcome a bank that will dwarf its $256 billion economy, Finland is eager to end a two-year logjam in talks over a common deposit-insurance system in the euro zone.
Nordea, The biggest Nordic bank, is launching its a venture capital business to invest only in fintech start-ups, even though fintechs are competing in several areas for the bank's customers.
Nordic regulators are looking for ways to get more control over parts of Nordea Bank AB that are currently beyond their reach.