Region Nordic Financial News

05.09 / 12:32

UPS Provident Food Boxing Bill information Visa debuts a new product designed to make it safer to pay directly from your bank account

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31.12 / 03:07

UPS FIVE Art LEGO wellness country classical Why are Nordic companies so successful?

Subscribe to enjoy similar stories. From the dining room on the ground floor of “Carl’s Villa" in Copenhagen, guests are treated to views of a charming garden adorned with classical statues. The art nouveau house was built in 1892 by Carl Jacobsen, son of the founder of Carlsberg.

20.11 / 14:53

Provident Southern exclusive information 2020 Interviews International Ontario Teachers' Pension Plan to co-own financial advisor Max Matthiessen

Ontario Teachers’ Pension Plan (OTPP) agreed to acquire a co-control stake in Stockholm-based financial advisor Max Matthiessen from private equity firm Nordic Capital Ltd.

22.08 / 00:16

Blockchain Provident Digital CEO BitPanda security International Finnish Broker Coinmotion Expands Crypto Offerings with Bitpanda Partnership

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

08.08 / 00:54

markets COST Provident Digital security trends Digital transformation deals back in play with a cost twist

digital transformation deals after about two years. The new contracts, however, contain cost-saving provisions. Several transformation deals announced by homegrown IT firms in the last 4-5 months have originated from the Nordic region. These include Infosys’ deal with Denmark’s TDC Net, a digital infrastructure and connectivity provider; HCLTech’s deal with Finland’s Oriola Corporation, a health and wellbeing company; and TCS’ multi-million-dollar contracts with digital connectivity and communications provider Nuuday and Ramboll—both from Denmark. Infosys and Wipro also secured deals from Sweden’s Ikea and Finland’s Nokia.

23.05 / 01:51

markets FIVE CEO Inside Schools Relationships International Wipro CEO banks on internal talent, promotes veterans

leadership who have been with Wipro for many years and as measure to stem the exit of internal talent which had plagued the company during previous CEO Theirry Delaporte's tenure, new CEO Srini Pallia has promoted at least five Wipro insiders, including three veterans, in the last one and half month. Days after Pallia took charge of the top office, Wipro appointed Malay Joshi, a Wipro veteran for 28 years, as CEO of Americas 1, the company's largest market. Early this month, Wipro appointed Hari Shetty, a Wipro veteran for 31 years, as chief strategist and sales excellence officer of the company.

18.05 / 12:33

markets UPS FIVE Nestle Research performer recommendations Why Nestle India's shareholders rejected higher royalty payment to parent

Mint, two of the largest money managers in Europe opposed the decision of the board of Nestle India. “The performance of the company does not sufficiently demonstrate the benefits of the royalty payments over the years, which have grown at a rate higher than the company's revenues and net profit," said Legal & General Investment Management (LGIM), UK’s largest fund manager, managing $1.5 trillion of assets. Nordea Asset Management, the investment arm of the Nordic region’s largest bank, having $400 billion in assets under management, also opposed the resolution.

22.02 / 05:41

crypto mining Electricity Why Finland Could be Europe’s Next Crypto Mining Giant

Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources.

03.01 / 17:58

Waters Extreme Death country reports Schools Extreme cold grips Nordic countries as floods hit western Europe

snowstorms disrupting transportation and closing schools in Scandinavia while strong winds and heavy rain in western Europe caused flooding and at least one death. Temperatures fell below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in the Nordic region for a second day in a row Wednesday. In Kvikkjokk-Arrenjarka in Swedish Lapland, the mercury dropped to minus 43.6 C (minus 46.5 F), the lowest January temperature recorded in Sweden in 25 years, Sweden's TT news agency reported.

08.12 / 14:13

Reuters CEO Tesla cover recommendations rights Tesla must respect collective bargaining rights, Norway's sovereign wealth fund says

By Terje Solsvik

20.10 / 14:27

UPS Provident Reuters show track travelers Chinese, Russian vessels in vicinity of Baltic Sea links damage -vessel tracking data

By Nerijus Adomaitis

03.07 / 14:51

COST UPS Provident Digital Extreme Browser week Next week on the stock market

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17.03 / 16:03

Citi Citigroup veteran Trading Places: Citi hires Wikström, A&O nabs Shearman veteran, Marshall Wace’s new London partner

Citigroup hired a senior dealmaker to its operations in the Nordic region, the latest senior recruit at the Wall Street bank as it looks to bolster its European investment bank. Peter Wikström is joining Citigroup as a managing director within its Nordic banking, capital markets and advisory unit in May.

07.11 / 15:35

UPS Citigroup Citigroup shifts Erik Savola to lead its Nordic business

Citigroup is shifting its London-based co-head of industrials banking to Sweden where he will head up its business in the Nordic region.

23.06 / 00:03

Citi Citigroup Citigroup names Alexander Stiris to lead European commercial bank ahead of hiring spree

Citigroup has shifted its top dealmaker in the Nordic region to lead its commercial banking operation in Europe as it embarks on an aggressive expansion that will see 900 bankers added over the next three years globally.

22.06 / 11:31

Citi Citigroup Citigroup names Alexander Stiris to lead European commercial bank ahead of hiring spree

21.06 / 20:51

Citi Citigroup Citigroup names Alexander Stiris to lead European commercial bank ahead of hiring spree

03.05 / 10:35

Citi Citigroup Citi probes how sell orders triggered ‘flash crash’ among European markets

Several European stock markets suffered a "flash crash" on Monday morning, 2 May, following sell orders by Citigroup, according to people familiar with the matter.

04.04 / 14:19

NATO A slow burn: Ukraine war sees Sweden warm to NATO membership

For decades the conventional wisdom of security policy in the Nordic region held that out of the two countries still not NATO members, Sweden would be most likely to apply first, and then, Finland would follow along.

11.03 / 17:29

VISA CEO Platform Bitcoin nordics Green Bitcoin NextGen Nordics: Green bitcoin mining farm planned in Sweden

NextGen Nordics will bring together multiple stakeholders – the banking community, central banks, public authorities and trade and business beneficiaries – to generate community discussion, explore the benefits and offer practical advice on activating the opportunities of new technologies in the Nordic region. Register for the event here.

11.03 / 15:31

Digital VISA CEO Platform nordics NextGen Nordics: Lunar secures €70 million in fresh funding

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