Sweden-based Nordea Bank has opened a private banking branch in Singapore to serve the growing community of Nordic individuals in Asia, according to ScandAsia.com.
The new branch will be headed by Eric Pedersen, who started his career as an analyst in the bank’s treasury department and has also worked in senior roles within asset management and private banking.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The Singapore team is comprised of experienced, senior private bankers with financial market expertise who are supported by qualified operational staff. In the team of account managers are Jonas Bergqvist, Haavard Farstad, and Kim Osborg Nielsen.
Nordea Bank CEO, Jhon Mortensen, said: "Asia-Pacific is an engine of growth for the world. To present the growing number of Nordic individuals in the region with the same high quality private banking service as we do in Europe, we have opened a branch in Singapore, thereby making their access to the financial markets easier, more efficient and more secure."
Nordea Group manages EUR224 billion in assets under management.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
