A $250 Billion Nordic Wealth Manager Looks Beyond Trade Wars

  • Danske CEO comments on outlook after replacing wealth head
  • Trump has warned investors there might be ‘a little pain’

Thomas Borgen

Danske Bank A/S
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The wealth management unit of Danske Bank A/S, which looks after about $250 billion in assets, is operating on the assumption that a potential trade war between the U.S. and China won’t derail the global economic upswing.

Thomas Borgen, the 54-year-old chief executive officer of Danske Bank, says “If you take big macro picture, we are underlying positive for the world economy, the European economy and the Nordics.”