Managers of $350 Billion Survive Nordea’s Cuts as Wealth Thrives As regular bankers at Nordea Bank Abp brace for yet another round of cuts, those lucky enough to be working in wealth management face a very different future. The head of Nordea’s wealth unit, Snorre Storset, says a plan to cut jobs across the organization won’t affect…
As announced in January 2018, the transaction covers the acquisition of part of Nordea Bank’s business and its integration onto UBS’ platform, thereby providing clients access to its global offering and local expertise. The decision followed a thorough strategic review of Nordea’s Private Banking International activities. The strategic review was part of the transformation of…
