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Nordea profit hit by weak market activity

2015-10-21 08:47:10| Appliances - Topix.net

Nordea Bank AB , the Nordic region's biggest lender, Wednesday reported a bigger-than-expected 17% fall in third-quarter net profit as negative interest rates and lackluster corporate and market activity weighed on its earnings. Net profit at the Stockholm-based bank fell to EUR780 million in the three months ending Sept.

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