ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
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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