Nordea's Helsinki Shuffle

Moving from Sweden will make the bank one of the euro region's biggest

Nordea Bank AB’s decision to move its headquarters to Helsinki, taking it into the euro area, means it ticks at least one of the requirements needed for its stock to be a candidate for the Euro Stoxx 50 Index. Members of the benchmark -- which underlies some of the world’s most liquid derivatives -- must be incorporated in the region, as well have their main listing in a member country, according to the index provider. Although Nordea trades in both Sweden and Finland, the former has had about eight times more turnover on average this year.

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