Nordea’s 6,000 Job Cuts Not Enough as Bank Chases More Savings

Lock
This article is for subscribers only.

Less than two years after announcing 6,000 job cuts, Nordea Bank Abp Chief Executive Officer Casper von Koskull is making clear that redundancies need to continue if the lender is to achieve its goals.

Von Koskull says Nordea is unlikely to announce another big round of firings, but warns that constant attrition is the new normal.