About 6,000 employees and consultants will be leaving Nordea over the next four years, the largest Nordic bank said last week. Nordea currently has some 32,000 full-time employees.
However, the bank is unwilling to talk about how the severe job cuts will affect its money management unit, Nordea Asset Management.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from AMWatch
Ten funds make up nearly a quarter of the Swedish market
AP7’s equity and fixed income funds are the biggest on the Swedish market. Removing them leaves just 9% for the others on the top ten list - but that 9% is dominated by one major bank, Morningstar figures show.
Mass outflows hit every asset class as recession fears climb
Investors fled every major asset class in the past week, with US equities and Treasuries a rare exception to the massive exodus, amid concerns that tightening monetary policy will push major economies into a recession.
Evli Q1 more impacted by markets than outflow
The market turmoil in the first three months of the year has had more of an effect on Evli than outflows, though the fact that international investors have pulled out of Evli’s corporate bond fund has been felt.
Storebrand AM’s Cubera hires sustainability head
A new Chief Sustainability Officer at the Nordic is joining the manager’s private equity subsidiary from Allianz.
Changes on the way at Lærernes Pension after active ownership criticism
A new active ownership policy is being developed at Lærernes Pension, says the CIO, and the final version will be approved by the board in June.
Product Specialist, Corporate Credits 
Vil du med på vores vækstrejse? 
Vi søger rådgivere som vil være med til at præge den grønne omstilling og udvikle forretningsområdet ”Bæredygtig Energi” 
Advokat 
It-konsulent til Salesforce 
Boligchef til solid lokalbank i vækst