Nordea: Let banks crash

“Nordea was not responsible for the crisis. We can’t see why our many thousands of employees have to apologise,” says Nordea’s CEO Christian Clausen. Archive.
“Nordea was not responsible for the crisis. We can’t see why our many thousands of employees have to apologise,” says Nordea’s CEO Christian Clausen. Archive.
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Nordea’s CEO Christian Clausen says the idea that politicians automatically buoy up irresponsible and rash banks is not a good one.

“The bad banks should go bankrupt and customers suffer. That is just not something that has been politicaly acceptable as it would hit the customers,” says Clausen in an interview with the management magazine Lederne.

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