Do they really say what needs to be done?

3 december 2014

I have gone through a bunch of press cuttings from this year to take a look at what leading businessmen, economics professors and politicians have been saying recently about the Finnish economy: Put…

Some Finnish insurance companies show weaknesses in stress tests

1 december 2014

The European Insurance Supervisory Authority (EIOPA) that has recently published stress test results on the main European insurance companies. EIOPA is an independent advisory body to the European Par…

Orwellian thoughts about Pohjola Bank

25 november 2014

I have mentioned before that 2 banks, Nordea and OP-banks control over 60% of the banking market here. This is oligopoly by any reasonable standard, and should be challenged. There is no banking group…

The 2nd day at SLUSH

18 november 2014

I met with Forum’s other columnist Kaj Arnö there today. He was hunting for companies to invest in and I was there to report on the exceptional. We both saw a lot of people wanting to succeed and wan…

Bank pay is too high

13 november 2014

I have worked in banking and finance for 45 years and I am seldom surprised by what goes on. I have seen so much greed and unsavory banking practices. I have no illusions about the sector and very lit…

Bad bank behavior

2 november 2014

I have documentary evidence of how Nordea has been selling pension fund products to a colleague’s 75 year old mother who has some savings and a very small pension. The bank knew she suffered from deme…