Frank Vang-Jensen

Nordea Warns Rising Interest Rates Could Weigh on Consumer Confidence

Major bank Nordea warns that rising interest rates could affect consumer confidence in the coming months.

Mortgages are falling, but savings have become the banks’ new profit engine

The major banks are currently earning less on customers' mortgages. They are making that up with savings. Savings seem to be a profit driver for the banks at the moment, says Maria Landeborn, stock market strategist at Danske Bank.

Nordea posts first-quarter operating profit of just over SEK 17.2 billion

Despite a decrease in net interest income, major bank Nordea beat market expectations with its interim report. Operating profit for the first quarter was the equivalent of just over SEK 17.2 billion.

Nordea CEO Responds to Criticism on Interest Rates

Minister for Finance Elisabeth Svantesson's criticism of the banks is unfair. This is the opinion of Nordea's CEO Frank Vang-Jensen. I like facts and the fact is that this is not true, he says.

Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty

The uncertainty has increased sharply after all the drastic messages from USA's President Donald Trump lately, according to the CEO of the major bank Nordea, Frank Vang-Jensen. But he believes that the Nordic countries, companies, and households here are well-equipped to handle the situation.

Nordea CEO Frank Vang-Jensen's Annual Salary: 46.8 Million Kronor

Unexpectedly Strong Nordea Report Impresses

The stock exchange is not particularly impressed by the major bank Nordea's financial report. The share barely moves at all, despite reports showing that the bank is doing slightly better than expected and that the dividend will be increased again this year.

Nordea's CEO sees positive signals

The major bank Nordea's share price surges significantly on the stock exchange following unexpectedly strong figures in the report for the third quarter. CEO Frank Vang-Jensen sees plenty of positive signals in Sweden – and the Nordic region. However, he is worried about the wars in Ukraine and the Middle East and the increased risk of trade conflicts in the surrounding world.