Nordea Wins Assurances From Finnish Government Ahead of HQ Move
- Nordea shareholders are due to vote on the HQ move March 15
- Finland is committed to predictable policy: finance minister
Photographer: Casper Hedberg/Bloomberg
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Finland is promising it won’t add to the list of financial regulations facing Nordea Bank AB as the lender prepares to move its headquarters to the northernmost euro member.
The pledge, made by Finance Minister Petteri Orpo, comes a week before shareholders in Nordea vote on its proposal to relocate from Stockholm. The largest Nordic lender, which has been a vocal critic of Sweden’s tougher rules, has said it wants to move in order to be inside Europe’s banking union.