05/09/2019at 12:13

Nordea's new CEO prepares to cut costs to boost shareholder value

Nordea has not delivered a reasonable value increase to shareholders in recent years and now is the time to change that, says new Group CEO Frank Vagn-Jensen.

BY MORTEN PLESNER, FINANSWATCH

Nordea's costs and revenues have come out of balance in recent years, said Nordea's new CEO Frank Vang-Jensen at a presentation in Helsinki on Thursday when he was appointed new Group CEO of the major Nordic bank.

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Nordea's new CEO prepares to cut costs to boost shareholder value

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Front page now

Nordea AM snaps up Asian Financial stocks during global rout

Danica CIO on financial unrest: "It's a manageable situation"

Storebrand Fonder named best fund manager in Sweden

Norwegian oil fund tightens demands for companies

Nykredit risks losing DKK billions when secret SparInvest agreement expires

Nordnet reports strong growth in green investments - lists competitors as risk

Further reading

Nykredit risks losing DKK billions when secret SparInvest agreement expires

Danica CIO on financial unrest: "It's a manageable situation"

Sweden bans non-ESG funds from touching USD 90bn pension pot