DNB eyes stabilization in retail margins after downward trend
During the past three years, DNB’s retail commission margins have dropped from 0.64 to 0.50. Head of DNB Wealth Management, Håkon Hansen, thinks the manager has now reached a stable margin.
A new price model introduced at the beginning of the year, and a strong trend for cheaper passive products, have squeezed the commission margins at DNB. But now, head of Wealth Management, Håkon Hansen, eyes a flattening in the decreasing margins.
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