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Sweden won't fight for more power over Nordea's mega bank branch

Published Thu, Dec 21, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Copenhagen

    SWEDEN'S financial regulator says giving national supervisors additional powers over bank branches - even systemically important ones like Nordea Bank - is bad policy.

    According to Martin Noreus, deputy director general of the Financial Supervisory Authority (FSA) in Stockholm, national regulators risk missing the big picture.

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