NRBAY
Nordea Bank AB ADROTCPK - Current
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  • Nov. 13, 2011, 7:58 PM

    "The banks are doing exactly what they should be doing," says Christian Clausen, the president of the European Banking Federation (and CEO of Nordea Bank), applauding EU lenders for dumping their risky sovereign paper. Exposure to the PIIGS "(has) come down quite dramatically," he says, backing up other anecdotal data that has banks eagerly hitting the bids whenever the ECB steps in to buy.

    | Nov. 13, 2011, 7:58 PM | 9 Comments
  • Nov. 4, 2011, 3:57 PM

    The FSB releases its list of 29 systemically important financial institutions (SIFI) following the G-20 meeting. These firms will face higher regulatory scrutiny and capital requirements. The usual suspects made the list, including Dexia, already under the blanket of a state rescue. The stock performance of this group in 2011 leaves a bit to be desired.

    | Nov. 4, 2011, 3:57 PM