Nordea to re-locate parent company from Sweden to Finland

The Nordic financial services group declared that it is considering moving its parent company away from Sweden in March in response to the Swedish government’s decision to raise the fees paid by banks and other credit institutions towards a fund established to guarantee stability in the event of a financial crisis. Nordea highlights in its press release that re-locating its parent company to a country that is a member of the banking union will ensure it is subject to the same regulatory framework as banks domiciled in other parts of Europe. - Helsinki Times -



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