SWEDEN - Results from Swedish financial services group Nordea, a major player in the custody market, were bruised last year but posted some improvements in fourth quarter figures.
The firm registered a 21% drop in operating profits in 2001 to EUR1,028m, versus EUR2,435m in 2000. The firm blamed higher investment earnings in 2000 as a result of particularly strong capital ma...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date