NEWS

Bloomberg: Norway’s $1 Trillion Man

Category: Accounting / Financial

Yngve Slyngstad, CEO of the world’s biggest sovereign wealth fund, describes how it invests for his grandchildren’s grandchildren. By Jonas O. Bergman and Sree Vidya Bhaktavatsalam Norway’s clout in financial markets far outweighs its economy, which is about a 10th the size of Germany’s. The central bank’s $1 trillion investment fund plows the Nordic nation’s oil […]

Source: Bloomberg

Published: February 2, 2019

Bloomberg: Nasdaq and Euronext Intensify Battle to Take Over Oslo Bors

Category: Accounting / Financial

 Nasdaq has backing of board and the two largest shareholders  Euronext has secured majority support for its lower offer The fight for Oslo Bors intensified on Monday as Nasdaq Inc. made a formal takeover bid while Euronext NV signaled it may raise its offer to buy Norway’s main exchange. Nasdaq is ready to pay 152 […]

Source: Bloomberg

Published: April 2, 2019

KPMG: Verdens 10 største geopolitiske farer i 2019

Category: Accounting / Financial

23.01.2019 Geopolitiske spenninger som har bygget seg opp over tid, utgjør den aller største risikoen i år.– Alle piler peker i feil retning, sier Agathe L’Homme, analytiker i KPMGs Corporate Intelligence-avdeling. KPMGs alliansepartner Eurasia Group, et ledende selskap innenfor geopolitiske analysearbeid, har utarbeidet en liste over de ti største geopolitiske utfordringene de mener verden står […]

Source: KPMG in Norway

Published: February 17, 2019

Norway’s Biggest Bank Seeks Broader Profit Mix to Match Rivals

Category: Accounting / Financial

DNB ASA finally feels it’s getting some respect from investors, but it has some way to go in matching its Nordic rivals on its income mix. With Nordea Bank Abp moved to Finland and Danske Bank A/S mired in a money laundering scandal, Norway’s DNB is now Scandinavia’s biggest bank by market value. While calling itself the largest Scandinavian bank […]

Source: Bloomberg

Norway’s $1 Trillion Wealth Fund Moves a Bit Closer to Oil Exit

Category: Accounting / Financial

Norway’s $1 trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks. The fund won support from key academics at Norway’s top universities, whose responses are part of a hearing process. But more weight will likely be given to the opinion of an expert group, which will give its view […]

Source: Bloomberg