Swedish banks’ generous dividends are attractive – and if Nordea’s move to Finland leads to lighter regulation, they may get more so.
Up to 500 Swedish individuals and companies are mentioned in the Panama papers, among them Nordea clients, according to national broadcasters that took part in the investigation.
iZettle, Sweden’s answer to US payments giant Square, is doing its bit to seed its chip-card readers in its homeland after announcing that the technology is now available free of... Keep reading ?
The dividend is more about its existence than its size. It means that the British bank regulator is comfortable with Lloyds’ profitability.
Sweden's Nordea financial group said on Wednesday in a statement that it has blocked 68 accounts during its investigation into the so-called Panama Papers revelations on the use of offshore tax havens.