Nordea Bank Abp

STOCKHOLM, Feb 4 - Nordea Bank stuck to its 2022 targets and cut its cost outlook on Thursday after delivering higher quarterly operating profit on improved lending income and growth in assets under management.

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus on its insurance operations, Elliott Advisors said on Tuesday.

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

A new way to pay is causing existential angst among Swedish bankers who worry that the e-krona, an electronic equivalent of Sweden's currency, could cost them their deposit base.

Nordea Bank has decided to close its business in Russia, the Nordic region's biggest lender said on Thursday, citing the group's strategy to focus on core customers.

The Norwegian government has rejected a proposal from the country's bank regulator to cap lending to private individuals at a lower level than today, the finance ministry said on Wednesday.

The Norwegian government has rejected a proposal from the country's bank regulator to cap lending to private individuals at a lower level than today, the finance ministry said on Wednesday.

Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives and replicating real-world sales, networking or training events.

Aggressive dealmaking in the insurance sector may be an unexpected consequence of the pandemic. Just look at RSA Insurance, which has just agreed a 7.2 billion pound offer from Danish and Canadian suitors Tryg and Intact Financial. A hefty premium and breakup plan look daring...

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Finnish insurer Sampo has sold 4% of the share capital in Nordea Bank in an accelerated bookbuild offering to institutional investors, it said late on Tuesday.

Finnish financial group Sampo reported a 425% rise in third-quarter pretax profit on Wednesday but missed analysts' expectations despite citing excellent results at its property and casualty subsidiary If and improved market values of its investment assets.

Finnish financial group Sampo reported a 425% rise in third-quarter pretax profit on Wednesday, citing excellent results at its property and casualty subsidiary If and improved market values of its investment assets.

* Bank hopes to pay 2019 dividend when authorities allow (Adds CEO comment, share price)

Nordea Bank reported on Friday a better-than-expected rise in third-quarter operating profit, as the Nordic region's biggest lender said its income growth was driven by increased levels of customer activity.

Sweden's Handelsbanken reported a fall in quarterly net earnings on Wednesday due to restructuring costs, though the bank's loan portfolio continued to weather the impact of the coronavirus pandemic with ease.

Societe Generale is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.

Societe Generale <SOGN.PA> is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.