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Nordea CEO Says He's `Mad, Disappointed' Amid Panama Tax Leaks

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Casper von Koskull, the chief executive officer of Nordea Bank AB, said he’s “mad” and “disappointed” by the lender’s role in a series of leaks alleging it helped clients hide their wealth through offshore accounts.

Nordea, Scandinavia’s largest bank with a market value that’s about $15 billion bigger than Deutsche Bank AG’s, is responding to the allegations with a promise to shun what von Koskull is characterizing as “gray zones” in offshore accounting structures.