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Nordea silent about possible consequences of job cuts on Asset Management

Nordea Asset Management, which was separated from the rest of Nordea into a separate legal unit a few months ago, declines to comment on whether the recently announced firings in Nordea will also affect Nordea Asset Management.

Photo: /ritzau/MARTTI KAINULAINEN

About 6,000 employees and consultants will be leaving Nordea over the next four years, the largest Nordic bank said last week. Nordea currently has some 32,000 full-time employees.

However, the bank is unwilling to talk about how the severe job cuts will affect its money management unit, Nordea Asset Management.

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