Nordea CEO opened NASDAQ
Nordea CEO Christian Clausen rang the opening bell on NASDAQ in New York on 9 May.
At the opening ceremony Christian Clausen talked about how the world economy has evolved since he last rang the bell in December 2010.
- Many countries still have sovereign debt problems, global growth is on the agenda and decisions on Greece’s government finances continue to affect the market. Today the situation is more stable, but the danger is not over yet, Christian Clausen said.
For American and European banks the situation has changed dramatically due to the new regulations aimed at increasing the capital of banks to avoid future financial crises.
- Banks are facing major challenges. To avoid adverse effects from the new regulations on our customers, we are looking at our costs and at ways to improve our capital efficiency.
Despite the new market environment Nordea has a stable position thanks to our strong customer focus during the financial crisis.
- Today Nordea is the market-leading bank for large corporations in the Nordics and we have increased the number of relationship customers by 40 per cent since 2010, Christian Clausen said.