Navigating treasury transformation: From startups to mature companies
Susanne Stenborg, Head of Treasury Operations at SKF, has had a career spanning both established and new treasuries. At the recent Treasury 360 Nordic event, she shared insights on what mature treasuries and newly-established ones can learn from each other.
Lately a more sophisticated method for creating fake ads has emerged. Celebrities appear in videos where they strongly promote an investment opportunity. But the purpose is to trick people into investing their money in castles in the sky.
Streaming across borders: How Spotify overcomes global currency hurdles
As Spotify has expanded its global reach to over 180 countries, it has faced complex financial challenges in emerging markets with strict currency regulations. Learn how the audio streaming company partners with Nordea to navigate these obstacles, from tax payments in Turkey to repatriating funds from Indonesia, ensuring smooth operations across borders.
Basel IV, a finalisation of Basel III, overhauls global banking capital requirements, impacting the lending landscape particularly in Europe and the Nordics.
Large public budget surpluses and a declining debt ratio put Denmark in a good position to navigate the economy through an uncertain period. However, unexpectedly high tax payments have meant that excess liquidity in the money market has been lower than normal for some time. Financial market turmoil has meanwhile led to a weakening of the DKK.
Nordea Chief Economist: Nordics resilient amid global uncertainty
The global economy is subject to great uncertainty owing to President Trump’s tariff war with the rest of the world. We do not expect a global recession in our baseline scenario, and we believe that Europe, and in particular the Nordic region, is well positioned to weather the storm.
Households have been tested in recent years with higher inflation, interest rates and unemployment, as well as a stream of negative news from around the globe. However, now their fortunes have improved in many respects, as inflation and interest rates have fallen.
As a small, open economy Denmark is traditionally highly sensitive to global developments. So the trade war is definitely bad news for economic activity in Denmark. However, it comes at a time when the Danish economy is exceptionally well prepared to handle the wave of uncertainty flowing across its borders.
President Trump’s policy actions have caused a lot of volatility in the financial markets and the economic outlook since our previous forecast. Uncertainty is high, and, given Trump’s tendency to cause chaos, this is expected to continue.
The cautious growth seen in the Finnish economy is at risk of hitting a tariff wall. Lower inflation and interest rates are boosting purchasing power, but increased uncertainty threatens to put private consumption and investment on hold for a little longer. Housing market activity has increased, but prices are not rising yet. The oversupply in the rental market is still discouraging new construction.
Norwegian economic outlook: Growth accelerates despite tariff war
Economic growth in Norway is picking up, driven by increased consumer spending and housing construction. The tariff war and the global situation will, on balance, have little impact on the Norwegian economy.
Housing investment has declined sharply in recent years, which continued towards end-2024, according to Statistics Norway. However, other indicators suggest housing construction has picked up. We question whether the official figures accurately reflect recent developments. Going forward, we expect increased housing investment will help boost economic growth in Norway.