Nordic risk supplement


The Nordic countries get lumped together for a variety of reasons – some sound and others less so. They have things in common: lots of coastline, a shared scepticism of the euro and an enduring fondness for heavy metal, for example. But they have plenty of differences, too.

Sweden’s Finansinspektionen (FI) has upset its banks by being less lenient than the region’s other regulators on the modelling of losses for low-default loan portfolios – banks, large corporates and the glamorous end of

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