Four Nordic banks among world’s safest

Four Nordic banks among world’s safest

Obviously the Nordic region hasn't been immune to the machinations of the global financial crisis, and the Baltic downturn has meant behemoths like SEB and Swedbank have hogged…

Norway’s SWF completes executive hiring spree

Norway’s SWF completes executive hiring spree

It's no secret that Norway's gargantuan NOK2.47 trillion ($410bn) sovereign wealth fund had a torrid 2008, when it recorded losses which wiped out 23% of its value. As…

Ex-Bankers: Worth a Look … Or the Hand?

Ex-Bankers: Worth a Look … Or the Hand?

After more than a year of hollowing out, at least some financial employers appear interested in refilling long-empty seats. Yet many observers report those intrepid firms are much…

Banks in Sweden may have seen the worst of the job cuts

Banks in Sweden may have seen the worst of the job cuts

More than a quarter of a million Swedes are now officially unemployed and the country's jobless total is likely to carry on rising rapidly until 2011. Yet, for…

Hedge funds holding up well in Sweden

Hedge funds holding up well in Sweden

Sweden's hedge fund managers have a friend in their financial markets minister, who stood up for them earlier this month. And the sector remains fairly upbeat about its…

Swedish banks cut local teams

Swedish banks cut local teams

With both Swedbank and SEB reporting their Q2 results in the space of a week, the focus has been on the need to pull back from the bad…

Compensation – Going Up?

Compensation – Going Up?

With both trading profit and underwriting business rebounding in many markets, the newspapers are rife with stories about the return of boom-era paydays. Goldman allocated $11.36 billion for…

Nordic banks look to pull in regulatory experts

Nordic banks look to pull in regulatory experts

There is going to be greater demand for people with high-level economic or legal expertise to help banks navigate the tougher regulatory climate in Europe in the years…

Private equity firms open to hiring

Private equity firms open to hiring

It may still be tentative, but there are indications that private equity firms are finally hiring again in the Nordics as confidence begins to return. UK-based Bridgepoint, which…

Government intervention may not diminish Swedish banks’ appeal

Government intervention may not diminish Swedish banks’ appeal

With Sweden's political leaders threatening part-nationalisation of the banking system if their disastrous Baltic loans take another tumble, the country's banks are clearly not out of the woods…

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