The banking industry will meet the challenge of the new era introduced by Europe’s Payment Services Directive, but it is up to its individual members to determine whether they sink or swim.
With several countries vying for the distinction of being the first to abandon notes and coins, is the final demise of cash now just a matter of time?
The Swedish corporate bank’s fixed income macro strategist believes rising infltaion will see the Riksbank lift rates.
The Danish shipping and oil conglomerate confirmed that it will separate its businesses into stand-alone transport and energy divisions.
For top European companies, 2015 was not a bad year, with the typical cash conversion cycle shrinking as receivables and payables both improved. However, a number of warning lights are also flashing.
The speed and progress of Iceland’s recovery from its 2008 banking crisis has led Moody’s to upgrade the country’s ratings and change its outlook to 'stable'.
Nordic payments processing firm Nets Holdings is planning an IPO in Copenhagen this year.
Nordic banking group Nordea has announced most of the teams that will be joining its second fintech accelerator this autumn.
The Swedish and Norwegian banks will combine their businesses in Estonia, Latvia and Lithuania to become “the main bank for customers in the Baltics”.