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Swedish c.bank's Ingves says Swedish will still face risks after Nordea HQ move
September 7, 2017 / 10:33 AM / in 2 months

Swedish c.bank's Ingves says Swedish will still face risks after Nordea HQ move

STOCKHOLM, Sept 7 (Reuters) - The decision by banking group Nordea to move its headquarters does not mean that risks in the Swedish financial system necessarily will be lower, central bank Governor Stefan Ingves said on Thursday.

“Given that Nordea is big in Sweden ... if Nordea were to have problems, wherever it might have its headquarters it would always be a problem for Sweden,” Ingves told reporters.

Reporting by Simon Johnson

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