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Nordea-ABN Amro could have created ‘great bank’

  Bloomberg Bjorn Wahlroos, the chairman of Nordea Bank AB, confirmed he approached Dutch authorities about a possible merger with ABN Amro Group NV. While those talks didn’t lead to a combination of the two lenders, the Nordea chairman said a merger could have produced a “great bank,” during an interview with Finnish state broadcaster YLE. “It was in preliminary ...

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Goldman CEO ‘supportive’ of Clinton for pragmatism

  Bloomberg Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person’s chances. Yet in an interview that will air on CNN’s “ Fareed Zakaria GPS,” Blankfein, asked if he personally supports and admires Democrat Hillary Clinton, said that he did. “I’m ...

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Banks’ Brexit exodus to start before year-end

  Bloomberg Banks in the UK will start relocating operations out of the country by year-end, months before formal talks to leave the European Union begin, as London looks set to lose access to the EU single market, the head of the British Bankers Association said in a newspaper commentary. International banks’ “hands are quivering over the relocate button,” Anthony ...

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