Nordea Open to European Merger

The Nordic region’s biggest bank is open to a merger with other European counterparts.

In an interview with Reuters, Christian Clausen, CEO of Nordea, says his bank is ready to move on to the next level in terms of economies of scale. He says the bank is ready to talk today, but there is also no need to do anything right away.

Nordea is part-owned by the Swedish state. But that stake is among the public holdings Sweden’s center-right government is preparing to sell off.