Why bank CEOs will put off the IT challenge

Digital overhauls at ING and Nordea will not tempt others to follow.

The decision by Nordea chief executive Casper von Koskull to retire next year, at the age of 60, might give other senior bankers pause for thought.

Nordea is the biggest of the Nordic institutions that until recently were the poster children of European banking. However, a series of anti-money laundering scandals put paid to their reputation for virtuousness.

Casper-von-Koskull_160x186

Casper von
Koskull, Nordea

Yet even within Scandinavia, Nordea has not been able to fully exploit its relative immunity (so far) to those scandals.

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