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Read More »Sweden won’t fight for more power over Nordea’s mega bank branch
Bloomberg Sweden’s financial regulator says giving national supervisors additional powers over bank branches — even systemically important ones like Nordea Bank AB — is bad policy. According to Martin Noreus, deputy director general of the Financial Supervisory Authority in Stockholm, national regulators risk missing the big picture. “It is sub-optimal and risky when different supervisors act too much in silos,†...
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