as nasdaq stockholm nda sek nasdaq helsinki nda1v industry financial services founded 2000 ; 16 years ago 2000 headquarters stockholm sweden key people bj rn wahlroos chairman casper von koskull president and ceo products corporate and retail banking asset management revenue 9.847 billion 2014 1 net income 3.371 billion 2014 1 total assets 702.92 billion 2016 2 owner sampo 21.4 % number of employees 29 397 fte end 2014 1 website nordea.com nordea bank ab commonly referred to as nordea is a swedish financial services group operating in northern europe . the bank is the result of the successive mergers and acquisitions of the finnish danish norwegian and swedish banks of merita bank unibank kreditkassen christiania bank and nordbanken that took place between 1997 and 2000 . the baltic countries and poland are today also considered part of the home market . the largest share holder of nordea is sampo a finnish insurance company with around 20 % of the shares . nordea is listed on the copenhagen stock exchange helsinki stock exchange and stockholm stock exchange . nordea is headquartered from stockholm and has more than 1 400 branches . the bank is present in 19 countries around the world operating through full service branches subsidiaries and representative offices . contact in europe and the world and in the united states new york . nordea international private banking has its headquarters in luxembourg with branches in switzerland zurich and singapore . nordea also has representative offices in brazil s o paulo and china beijing . 3 nordea currently serves 11 million private 4 and 700 000 active corporate customers . the group also operates an internet bank which has more than 5.9 million online customers doing more than 260 million payments per year . contents 1 history 2 ownership 3 nordea markets 4 online theft 5 panama document leak 6 awards 7 subsidiaries 8 see also 9 nordic headquarters 10 references 11 external links history edit nordea is the result of the successive mergers and acquisitions of the swedish finnish danish and norwegian banks of nordbanken merita bank unibank and kreditkassen christiania bank that took place between 1997 and 2000 . the name nordea comes from the swedish bank nordbanken which was based on pk banken post och kreditbanken ; owned by swedish state which in 1990 purchased the smaller private bank nordbanken and picked up that name . pk banken was formed in 1974 at a merger between postbanken formed 1884 and sveriges kreditbank formed 1923 both state owned . merita bank was a 1995 merger of the former main rivals in finland the originally svecoman union bank of finland suomen yhdyspankki founded in 1842 and the fennoman national share bank kansallis osake pankki founded in 1889 . the private nordbanken was formed in 1986 at a merger between two smaller private local banks uplandsbanken and sundsvallsbanken . in 1991 the swedish banking crisis resulting from deregulated markets and a housing price bubble forced the government to nationalise nordbanken for 64 billion kronor . bad debts were transferred to the asset management companies securum and retriva which sold off the assets . ownership edit nordea is owned by sampo 21.3 % nordea fonden 3.9 % swedbank robur funds 3.3 % amf insurance and funds 2.1 % nordea markets edit nordea markets is the international markets operation of nordea . it handles a broad range of investment banking products and services including fixed income currencies commodities equities debt capital markets and corporate finance . it also supplies advisory services and internationally acknowledged economic research and analysis . there are approximately 2 200 employees including financial risk control and capital markets services . its main operational centres are in copenhagen also the main trading floor helsinki oslo and stockholm and with regional offices also in estonia latvia lithuania poland russia singapore and usa . the organisation s stated aim is to provide rapid easy access to market and trading facilities and a strong local presence to its customers in all its regions . it operates with a mission statement of making it possible and a vision statement of a great european capital markets and investment banking organisation acknowledged for its people creating superior value for customers and shareholders . online theft edit in 2007 nordea was the subject of an online phishing scam . the amount of money involved was between seven and eight million sek . 5 the theft was perpetrated by targeting nordea customers with phishing emails containing a trojan horse that was especially made for this robbery . apparently these emails were sent out over a period of 15 months . according to nordea at least 250 people had unwittingly installed the trojan . the thieves evaded detection by limiting their transfers to small sums . nordea has refunded all the victims and has implemented a new security system chip authentication program 6 panama document leak edit the largest financial group in the nordic region nordea has despite warnings from the swedish financial supervisory authority fi been active in infamous tax havens according to the panama papers . 7 the nordea section in luxemburg has in the years 2004 2014 founded nearly 400 offshore companies in panama and the british virgin islands for their customers . 7 the swedish financial supervisory authority fi has pointed out that there s serious deficiencies in how nordea monitors money laundering and has given the bank two warnings . in 2015 nordea had to pay the largest possible fine over 5 million eur . 7 in 2012 nordea asked mossack fonseca to change documents retroactively so that three danish customers power of attorney documents had been in force since 2010 . 7 the director for nordea private banking thorben sanders admits that before 2009 they didn t screen for customers that tried to evade tax . in the end of 2009 we decided that our bank shall not be a means of tax evasion says thorben sanders . 7 as a consequence of the leaked documents the swedish financial supervisory authority fi stated on 4 april 2016 that they had started an investigation into the conduct of nordea the largest financial group in the nordic region . the swedish minister of finance magdalena andersson characterized the conduct of nordea as a crime and totally unacceptable 8 9 nordea ceo casper von koskull stated that he was disappointed with the shortcomings within nordea s operating principles saying that this can not be tolerated . 10 other swedish banks are present in the documents but nordea occurs 10 902 times and the bank with second most matches occurs with 764 matches . 11 the prime minister of sweden l fven said in 2016 that he is very critical to the conduct of the large bank nordea and their role and says they are on the list of shame too . 12 awards edit euromoney financial magazine named nordea the best provider of private banking services in the nordic and baltic region each year from 2008 to 2014 . 13 subsidiaries edit the danish headquarters of nordea is located in christianshavn copenhagen . nordea bank danmark a s nordea bank finland abp nordea pankki suomi oyj nordea bank latvia nordea bank lithuania nordea bank norge asa nordea bank polska s.a. nordea bank russia nordea bank malta ab see also edit companies portal plusgirot open clearing system in sweden owned by nordea european financial services roundtable inter alpha group of banks kansallis osake pankki unibank denmark for the history of the banks that formed nordea in 2000 . list of oldest companies as nordea is the oldest bank in sweden with roots from 1820 . list of investors in bernard l. madoff securities nordic headquarters edit global headquarters in stockholm danish headquarters in copenhagen norwegian headquarters in oslo office in helsinki office in vilnius references edit a b c d e annual report 2014 pdf . nordea . retrieved 21 february 2015 . http www.forbes.com companies nordea bank nordea contact in europe and the world . nordea . retrieved 24 september 2010 . http www.nordea.com about nordea nordea overview facts and figures 1081354.html swedish bank hit by biggest ever online heist cnet news.com http www.nordea.se sitemod upload root www nordea se privat internet telefon internet demo e kod index.html a b c d e nordea grundade hundratals skatteparadisbolag t kunder svenska yle . retrieved 4 april 2016 . nordea bank investigated over tax haven scandal . the local sweden . retrieved 4 april 2016 . reacting to nordea s role in the scandal sweden s finance minister magdalena andersson told swedish reporters it is a crime tax evasion it is totally unacceptable . sweden s financial supervisory authority finansinspektionen has said that it will launch an investigation into nordea s overseas activities . monday s papers . yle . 4 april 2016 . retrieved 4 april 2016 . 1 . helsinkitimes.fi 22 july 2016 . retrieved on 22 july 2016 . svd detta beh ver du veta om panamal ckan publicerad 2016 april 4 11.34 l st 2016 april 5 gp l fven nordea p sk mslistan publicerat 2016 apr 4 l st 2016 apr 5 de r p sk mslistan de ocks waits douglas . nordea named best in private banking by euromoney . cistran finance . february 11 2014 . retrieved 02 13 2014 . external links edit wikimedia commons has media related to nordea . official website yahoo nordea bank ab company profile v t e omx copenhagen 20 companies of denmark march 2016 a.p. m ller m rsk carlsberg chr . hansen coloplast danske bank dsv flsmidth & co. genmab gn store nord iss jyske bank nordea novo nordisk novozymes pandora tdc tryg vestas wind systems william demant v t e omx helsinki 25 companies of finland cargotec elisa fortum kemira kesko kone konecranes metso neste nokia nokian tyres nordea orion corporation outokumpu outotec pohjola bank rautaruukki sampo sanoma stora enso talvivaara mining company teliasonera upm w rtsil yit v t e omx stockholm 30 companies of sweden abb alfa laval assa abloy astrazeneca atlas copco boliden electrolux ericsson getinge hennes & mauritz investor ab kinnevik lundin petroleum modern times group nokia nordea sandvik sca seb securitas skanska skf ssab svenska handelsbanken swedbank swedish match tele2 teliasonera volvo v t e 50 largest banks in russia in terms of net assets in alphabetical order as of december 2014 absolut bank ak bars alfa bank bank of moscow bank saint petersburg b & n bank citibank credit bank of moscow credit europe bank eastern express bank gazprombank globexbank home credit bank ing bank khanty mansiysk bank otkritie mdm bank mosoblbank moscow industrial bank mts bank national bank trust national clearing centre nordea novikombank otkritie fc bank otp bank petrocommerce promsvyazbank raiffeisenbank renaissance credit rosbank rosevrobank rosselkhozbank rossiya rossiyskiy kredit rossiysky capital russian standard bank sberbank smp bank sovcombank sviaz bank tatfondbank transcapitalbank unicredit ural bank for reconstruction and development uralsib v.bank vneshprombank vtb vtb 24 zenit source banki.ru v t e members of euro banking association austria allgemeine sparkasse oberosterreich bank f r tirol und vorarlberg ag bks bank ag erste group bank ag oberbank ag oesterreichische nationalbank raiffeisen zentralbank sterreich ag raiffeisenlandesbank ober sterreich ag raiffeisen landesbank tirol ag steierm rkische bank und sparkassen ag belgium dexia bank nv kbc bank nv bank van de post cyprus bank of cyprus hellenic bank denmark amagerbanken a s arbejdernes landsbank a s danske andelskassers bank a s danske bank a s diba bank a s djurslands bank a s jyske bank a s nordjyske bank a s n rresundby bank stjydsk bank a s ringk bing landbobank roskilde bank a s skjern bank spar nord bank sparekassen sj lland sydbank a s vestfyns bank a s vestjysk bank finland aktia bank plc bank of land plc pohjola bank plc s bank ltd. tapiola bank ltd france banque michel inchausp bami banque palatine bnp paribas sa bpce bred banque populaire cr dit agricole sa