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Read More »Nordea Bank profit sinks 28 percent as revenue dips
Bloomberg Scandinavia’s biggest bank said profit plunged 28 percent last quarter as revenue sank after negative rates and market selloffs created an inhospitable environment for the industry. Nordea Bank AB reported net income of 782 million euros ($884 million), missing the 792 million-euro estimate of analysts surveyed by Bloomberg. Net interest income slipped 7 percent while total operating income ...
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