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Nordea HQ decision not imminent

Nordea Bank AB (publ) has not yet taken a decision about potentially moving its headquarters from Sweden, and no board meeting is scheduled for May 30 to announce it, Reuters reported.

Media reports had suggested that Nordea would formally decide to shift its headquarters from Sweden on May 30.

"There is no board meeting tomorrow and there is no decision taken," said Petter Brunnberg, Nordea's chief press officer.

He declined to comment on when the next board meeting would be, but "a source familiar with the matter" said it was scheduled for June 14, the newswire noted.

The reports come in the wake of the bank's president and CEO, Casper von Koskull, saying that Nordea was looking at opportunities to move to Denmark or Finland, as the regulatory situation in Sweden did not "offer a level playing field or predictable environment."