Nordea’s trading VAR up 58% in Q3

Higher equity and interest rate risk pushed measure to highest level since March 2020

Nordea’s trading value-at-risk measure hit €30 million ($35 million) in the third quarter of the year, pushed by an increase in equity and interest rate risk.

The latest figures are 58% higher than in the previous quarter and up 7% from Q3 2020. However, they remain half the VAR measure reported in Q1 2020, when the Covid-led crisis first threw markets into a spin.

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