Nordea Sinks as Investors Fear More Money Laundering Allegations
Photographer: Vesa Moilanen/AFP via Getty Images
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Nordea Bank Abp sank as much as 6.5 percent on Monday ahead of report due to be broadcast this afternoon that will focus on the biggest Nordic lender’s alleged involvement in money laundering.
The news appeared to drag down a number of other Nordic bank shares with DNB ASA, Norway’s largest lender, falling as much as 4.6 percent. SEB AB fell as much as 2.1 percent.