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Nordea halts share buybacks pending risk exposure review
Dagens IndustriSRC LO·SE · FI·about 13 hours ago
Nordea pauses share buybacks after ECB discussions require adjustments to credit risk models, potentially increasing capital retention. Corporate profitability fell sharply, which CEO Frank Vang-Jensen calls temporary. The pause signals regulatory pressure on capital adequacy, while the profit dip raises questions about earnings quality.