NEWS

Bloomberg: DNB Eclipses Nordea as the Biggest Bank in the Nordic Region

Category: Accounting / Financial

Norway’s DNB ASA has eclipsed perennial Nordic powerhouse Nordea Bank Abp as the biggest lender by market value in the Nordic region. DNB’s market value has now exceeded that of Nordea for the first time since the Helsinki-based lender was created through the merger of four Nordic banks at the end of 2001. Read entire […]

Source: Bloomberg

Bloomberg: Walmart Is Now Ethical Enough for Norway’s $1 Trillion Wealth Fund

Category: Accounting / Financial

Norway’s $1 trillion wealth fund revoked its more than decade-long exclusion on Walmart Inc. after the U.S. retailer tightened control over potential human rights abuses in its supply chain. Walmart has made “positive developments” in monitoring its suppliers, the fund’s Council on Ethics said in a statement released Tuesday. “Furthermore, the company engages actively in selected, high-risk […]

Source: Bloomberg

GlobeNewswire: Intertrust acquires Viteos for USD 330 million

Category: Accounting / Financial

Amsterdam, the Netherlands – 18 June 2019 – Intertrust N.V. (“Intertrust”), a leading global provider of expert administrative services to corporate, fund, capital markets and private wealth clients, today announces the acquisition of Viteos1, a provider of leading-edge technology solutions for U.S. funds, from PPC Enterprises LLC, FiveW Capital LLC (an affiliate of 22C Capital) […]

Source: GlobeNewswire

DN: Ny konsernsjef i DNB

Category: Accounting / Financial

DNBs konsernsjef Rune Bjerke (58) har meddelt styret i banken at han ønsker å gå av fra 1. september i år etter nær 13 år som øverste sjef for Norges største bank. Styret i DNB har ansatt finansdirektør Kjerstin Braathen (48) som ny konsernsjef. Les hele saken HER.

Source: DN

Press Release: Nasdaq Extends the Acceptance Period for its Offer for Oslo Børs VPS

Category: Accounting / Financial

OSLO, Norway and STOCKHOLM, Sweden, March 25, 2019 (GLOBE NEWSWIRE) — Nasdaq AB, an indirect subsidiary of Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq”), announced today that it is extending the acceptance period of its offer (the “Offer”) to acquire all of the issued shares of Oslo Børs VPS Holding ASA (NOTC: OSLO/OTCMKTS: OSBHF) (“Oslo Børs VPS”) made pursuant to its offer document published on February […]

Source: Nasdaq

Published: March 5, 2019