Relevant articles for you

Video

Michael Boye
Join Saxo Bank fixed income analyst Michael Boye as he discusses topics including the European Central Bank, the US Federal Reserve and Greece’s return to the bond markets.
Squawk / 20 June 2016 at 20:07 GMT
Rumors surrounding Nordea is out tonight saying that they are underestimating company clients risk of default thus lacking capital reserves of 80 billion SEK, which is about 1/4 of the market cap of the company...article unfortunately in Swedish is found here: http://www.svd.se/hemligt-pm-fran-fi-80-miljarder-saknas-i-nordea/om/naringsliv - Speculations are Nordea will have to reach out to shareholders for capital. If there's any truth in the rumors this is not good for Swedish banks and the OMXS30.I in particular.
1y
Johan Berntorp Johan Berntorp
Banking stocks make up about 25 % of the OMXS30, Nordea alone almost 10 %.
1y
Johan Berntorp Johan Berntorp
Swedish regulatory entity Finansinspektionen says that Nordea will not need to buffer capital anywhere near the numbers outlined in yesterdays article. http://www.fi.se/Press/Pressmeddelanden/Listan/Kommentar-om-Nordea/
1y
Johan Berntorp Johan Berntorp
It appears the last word in this story isn't said yet. The newspaper revealing the story is now at it again despite that Nordea and the Finansinspektionen has tried to talk down the situation. Article in Swedish, http://www.svd.se/krismote-pa-fi-efter-svds-nordea-avslojande/om/nordeaaffaren

and through google translate, https://translate.google.se/translate?sl=sv&tl=en&js=y&prev=_t&hl=sv&ie=UTF-8&u=http%3A%2F%2Fwww.svd.se%2Fkrismote-pa-fi-efter-svds-nordea-avslojande%2Fom%2Fnordeaaffaren&edit-text=
1y
Johan Berntorp Johan Berntorp
Market action surrounding the above topic isn't treating Nordea very nice...

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail