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Nordea wooed with 'no new rules' pledge

Denmark and Finland promise better regulatory environment if bank moves its HQ to Copenhagen or Helsinki

Published Thu, May 11, 2017 · 09:50 PM
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Copenhagen

WITH assets that dwarf the economies it operates in, Nordea Bank AB has become the focus of regulatory brinkmanship rarely seen in its home markets.

The largest Nordic bank is being offered the prospect of no new rules if it moves its headquarters to Copenhagen from Stockholm. In Helsinki, the authorities say Nordea can expect a much more stable regulatory environment than the one it currently operates under in Sweden.

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