Nordea loses top sell-side bankers as cuts start hitting morale

Nordea has recently lost a number of its top sell-side bankers amid complaints that management’s focus on cutting 6,000 jobs is hurting morale in key parts of the business.

BY JONAS CHO WALSGARD AND KATI POHJANPALO, BLOOMBERG NEWS

Examples of recent departures include the head of fixed income at Nordea Markets, Torben Pedersen.

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Nordea loses top sell-side bankers as cuts start hitting morale

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Front page now

Bonde was losing support at Alecta prior to departure, Swedish daily reports

Castellum's Danish country manager to join Norwegian pension investor

Impact pioneer eyes investor appetite for a food revolution

Two Danish pension funds first in the world to receive approval from climate initiative

Alecta’s chair resigns from board of the troubled Swedish pension giant

BankInvest's two alternative funds in negative territory

Finnish pension fund CEOs propose higher risk to overcome demographics

Polaris welcomed into new territory: "There is a huge need for capital"

Storebrand maintains its first municipal pension deal

S-Bank's head of WM moves to bigger role and asset volumes at OP

Mandatum set to debut in Helsinki in biggest listing since 2005

AP2 teams up with think tank to identify deforestation exposure in global portfolios

Further reading

Impact pioneer eyes investor appetite for a food revolution

Two Danish pension funds first in the world to receive approval from climate initiative

Alecta’s chair resigns from board of the troubled Swedish pension giant

Castellum's Danish country manager to join Norwegian pension investor

Norwegian investment firm loses 63% of its capital after billionaire pulls out

BlackRock: High number of US investors plan to increase allocation to green transition

Jobs