Disappearing Bank Jobs Won't Be Coming Back, Nordea CEO Says
- The CEO predicts there’ll be half as many bankers in 10 years
- Nordea says it’s leading a mass industry metamorphosis
Nordea CEO on Job Cuts, Relocating, MiFID
This article is for subscribers only.
The 6,000 job cuts announced last week at Nordea Bank AB are just a down payment for an industry facing radical overhaul, says Chief Executive Officer Casper von Koskull.
“If somebody says, where are we, or where are banks, 10 years from now, banks could easily have half what they have today,” in terms of personnel, von Koskull said in an interview in London on Friday.