Denmark’s financial industry faces consolidation as small banks struggling to refinance debt before a state guarantee ends in 2013 get absorbed by bigger rivals, said Ulrik Noedgaard, head of the Financial Supervisory Authority.
ALL TIMES CET
WHAT TO WATCH: * BP (BP/ LN) Chairman Carl-Henric Svanberg speaks at Conference on Oil Spill Risk Management in Malmoe. The conference runs until March 9. * SAS Group (SAS SS) reports traffic numbers for February at 11:00 a.m.
EARNINGS: * Tiimari (TII1V FH) 4Q, 7:30 a.m. * BankNordik (BNORDIK DC) FY
MARKETS: * Nasdaq OMX Helsinki 25 Index fell 1.1% to 2,568.40 * The OMX Stockholm 30 Index added 0.1% to 1,112.38 * Oslo’s OBX Index gained 0.7% to 410.69 * The Copenhagen 20 Index decreased 0.3% to 469.45 * Swedish krona -- U.S. 6.3525 - EU 8.8771 * Norwegian krone -- U.S. 5.5659 - EU 7.7775
COMPANIES: * Skjern Bank (SKJE) AGM
ECONOMY: * Swedish Budget Balance for February at 9:30am * Denmark publishes January Industrial Production, 9:30 a.m.
GOVERNMENT: * Swedish Prime Minister Frederik Reinfeldt speaks in Stockholm on EU-related issues at 2:30 p.m.
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