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Saturday, June 10, 2023

Tag: banking

Stoltenberg asked to stay on at NATO

Norway's finance ministry may have found a perfect way out of the uncomfortable situation that's arisen around its looming choice of a new central...

Stoltenberg also in battle at home

As NATO Secretary General Jens Stoltenberg struggles to fend off a new war in Europe, he's also caught in an entirely different battle back home...

Interest rates rise despite uncertainty

Norway's central bank (Norges Bank) is sticking to its long-term plan to gradually raise interest rates, confirming on Thursday that it's boosting its policy...

Stoltenberg keen to lead central bank

Jens Stoltenberg has, as expected, added his name to the list of applicants vying to take over as chief of Norway's Central Bank. Stoltenberg's...

Small bank’s customers prevail over DNB

Celebrations were held outside the headquarters of Norway's biggest bank, DNB, after the country's competition authority blocked its pending takeover of Sbanken. The regulators...

Speculation swirls over Stoltenberg

Speculation has been swirling for months over whether Jens Stoltenberg, the former Norwegian prime minister who's headed NATO since 2014, will soon be moving...

DNB may not be able to buy up small rival

Norway's competition authority (Konkurransetilsynet) announced Thursday that it may halt the takeover by Norway's biggest bank, DNB, of its small but innovative rival Sbanken....

DNB accepts huge fine

Financial regulators believe Norway's largest bank, DNB, has long been aware of serious deficiences in how it follows money-laundering laws. Norway's state finance authority...

DNB profits soothe its ‘PR catastrophe’

DNB, Norway's biggest bank, suffered a humiliating barrage of fury earlier this month from potential customers at Sbanken who don't want anything to do...

Customers oppose their bank’s takeover

Norway's largest bank, DNB, plans to acquire Sbanken, formerly Skandiabanken, but the small bank's customers are protesting mightily. They claim it will destroy competition...

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