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Nordea Bank to cut more than 6,000 jobs amid backlash over moving its HQ

Nordea also reported Q3 results that missed analyst estimates. Its shares were traded as much as 5.6 per cent lower in Stockholm.


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.

The bank said about 2,000 of those will be consultants. Nordea will need to take a "transformation cost" of as much as 150 million euros (S$...

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