Nordic region
Best bank: Svenska Handelsbanken
Best foreign bank: Citigroup
Best securities firm: Alfred Berg
As Nordic banks recognize the need to increase their size and competitiveness if they are to survive in the global market, they are increasingly adopting a regional strategy. Some major cross-border players are beginning to emerge. Den Danske Bank of Denmark’s 1997 acquisition of Östgöta Enskilda Banken in southern Sweden has given it a 2% share of the Swedish market.
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