Sweden loses big bank Nordea to Finland

The Debates feature from Euro|Topics offers English (+ French and German) translations of a selections of articles in European news sources on this topic.

Euro|Topics relaunched their website during 2016. Features published before that date are still available via an archive website (see related url hyperlinks).Northern Europe's biggest bank, Nordea, announced in September 2017 that it was moving its headquarters to Helsinki. The Swedish government's plans to raise taxes for the banking sector were the main reason for the move. By transferring to a Eurozone country Nordea would be subject to the regulations of the European banking union, of which Sweden was not a member. What does the move mean for the countries in question?

http://archiv.eurotopics.net/en/home/presseschau/aktuell.html http://archiv.eurotopics.net/en/home/presseschau/aktuell.html

Nordea Bank: Press Release, 06.09.17: The Nordea Bank AB (publ) Board of Directors initiates a re-domiciliation of the parent company to Finland https://www.nordea.com/en/press-and-news/news-and-press-releases/press-releases/2017/09-06-16h50-the-nordea-bank-ab-publ-board-of-directors-initiates-a-re-domiciliation-of-the-parent-company-to-finland.html

The Local.se, 07.09.17: Nordea moves headquarters from Sweden to Finland https://www.thelocal.se/20170907/nordea-moves-headquarters-from-sweden-to-finland

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