Second Quarter Report 2012
Strong income and solid cost controlCEO Christian Clausen’s comment to the report:“We maintained good business momentum and increased return on equity despite continued pressure on interest rates, financial turmoil and the slowdown in European economic activity. We have continued to make progress in building the future bank. The execution of our New Normal plan has led to more business and growing income, while costs have remained stable and efficiency in capital, liquidity and funding has increased. By taking early action, Nordea has maintained a strong rating and thus been able to