Tag: banking

Norway caught in pipeline uproar

Norway's biggest bank, DNB, and the country's huge sovereign wealth fund known as the Oil Fund are both involved in the construction of a highly controversial...

DNB’s reputation takes a beating

DNB still ranks as Norway's biggest and most profitable bank, but its standing among consumers, regulators and top politicians has taken a dive this...

Economist quits DNB for NHO

One of Norway's most high-profile economists will be leaving the country's biggest bank, DNB, after 18 years. Øystein Dørum has been wooed over to...

Labour violations found at DNB

Regulators at Norway's state labour authority Arbeidstilsynet have uncovered several violations of the law at Norway's biggest bank, DNB. An investigation into claims of excessive...

Mint cuts jobs as coin use tumbles

Norway's national mint, Det Norske Myntverket, has sent out warnings that it must cut costs and, most likely, jobs. Fewer Norwegians are using cash,...

DNB aims to narrow women’s pay gap

DNB, Norway's biggest bank, has set aside NOK 17 million to boost the salaries of female employees who are earning less than male colleagues...

Warnings issued over consumer loans

Collection agencies in Norway have been busy this year, with the numbers of Norwegians defaulting on high-interest consumer loans rising dramatically. Young borrowers figure...

Tata denies Vipps workers exploited

Tata Consultancy Services, one of India's largest companies, firmly denies that the IT workers it has provided to work on major projects in Norway like...

DNB loan losses ‘shocked’ market

Norway's biggest bank, DNB, has been logging huge profits for years but is now feeling the effects of the dive in oil prices. The pain...

Foreigners’ work conditions probed

Norwegian labour authorities are promising full anonymity to anyone who can tell them about pay and working conditions for hundreds of foreign technical experts, mostly...
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