Finland welcomes banking giant Nordea but move holds risks
New player could boost sluggish economy; it could also bust it if things go wrong
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Helsinki
BANKING giant Nordea's decision to move its headquarters to Helsinki is being heralded in Finland as the ultimate endorsement that a long-lasting economic downturn is finally coming to an end.
The Nordics' biggest bank is set to become the largest company run out of Finland when it moves next year, overtaking fallen telecom giant Nokia in market value.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
