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Posted by: | Posted on: October 22, 2019

House to Reconvene Thursday June 20

first_imgHouse of Assembly Speaker Gordie Gosse will reconvene the fifth session of the 61st general assembly at noon, Thursday, June 20. This decision results from consultation with government respecting the public interest. -30-last_img

Posted by: | Posted on: October 7, 2019

Nordea appoints new CEO amid calls to boost profitability

HELSINKI — The Nordic region’s largest bank, Nordea, has appointed insider Frank Vang-Jensen as its new CEO as the firm faces growing pressure to lower costs and boost revenue after years of restructuring.The bank, based in Helsinki, said Thursday that Vang-Jensen, the current head of Nordea’s personal banking division, will take over with immediate effect from Casper von Koskull, who announced in June his retirement next year.Vang-Jensen, a 51-year-old Dane, joined Nordea in 2017 having earlier worked as a CEO of Swedish bank Svenska Handelsbanken.Europe’s largest activist investor, Cevian Capital, took a 2.3% stake in Nordea in 2018 and its co-founder, Christer Gardell, has urged the bank to speed up its cost-cutting to catch up with rivals on profitability.Denmark, Finland, Norway and Sweden are Nordea’s home markets.The Associated Press read more