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Swedish bank Nordea moves HQ to Finland where rules are easier

By moving, Nordea estimated that it will save as much as 1.1 billion euros over time compared with the cost of staying in Sweden.


A EUROPEAN banking giant just snubbed one of the world's strictest financial supervisors by moving to a more accommodating regulatory setting.

Nordea Bank AB's decision to relocate its headquarters from Sweden to Finland puts the Nordic region's only global systemically...