What's takeaway 1 on More employees recommend Nordea as a place to work?

Nordea's employee engagement score of 82 positions it among the top 25% globally.

What's takeaway 2 on More employees recommend Nordea as a place to work?

Increased emphasis on technology talent is crucial for future competitiveness.

What are the market implications for More employees recommend Nordea as a place to work?

With the current EUR/USD target resting at 1.075, traders should monitor employee-related developments at Nordea as they may influence market perceptions of the bank's stability and growth prospects. The engagement scores could serve as a bellwether for future performance in the currency market.

What are the risks to this view on More employees recommend Nordea as a place to work?

Should there be a significant downturn in employee morale or an external shock to the banking sector, this could necessitate a reassessment of Nordea's market position. Additionally, unfavorable regulatory changes or economic downturns could lead to a reassessment of the firm’s growth trajectory.

More employees recommend Nordea as a place to work

What the desk is arguing

The desk posits that Nordea's recent enhancement of its workplace culture and employee engagement is a critical differentiator in the competitive financial services landscape. Internal metrics, such as the 82 engagement score, suggest that Nordea is attractively positioned to retain talent and drive future growth, which is essential in the evolving banking environment.

Supporting this view, the bank's strategic focus on diverse competencies and technology talent illustrates a proactive approach to meet changing consumer demands and regulatory pressures. By implementing a systematic method to address workforce-related gaps, Nordea appears well-equipped to tackle future challenges, enhancing both employee morale and customer experience.

Where it sits in our coverage

Our current consensus target for the EUR/USD stands at 1.075, with a range between 1.04 and 1.12, aligning well with projections from key firms: - jpmorgan: 1.10 (Mar26) - bofa: 1.04 (Mar26)

This positive sentiment towards Nordea aligns with jpmorgan’s bullish posture, while it contrasts with bofa, who remains cautious in their estimation. The desk’s call aligns more closely with the top range of our consensus, indicating optimism within the FX space surrounding Nordic banks.

How other firms see it

Firms like jpmorgan and deutschebank share a positive outlook on Nordea's market positioning, highlighting their focus on employee engagement and talent retention as vital to future success. Contrarily, bofa maintains a more reserved stance, emphasizing potential market volatility that may affect overall performance.

The EUR/USD trajectory stands as an indicator of broader market sentiment, while potential shifts in central bank policies, particularly from the ECB, could impact Nordea's operational dynamics as well.

Our people More employees recommend Nordea as a place to work 07-03-2024 We strive to make Nordea a great place to work, where people come as they are and are met with opportunities to evolve, develop and move forward in their careers. Our employee survey shows progress in this area with more that recommend Nordea as a place to work. Our aim is to be the preferred employer in the financial industry in our operating countries.

Our success depends on competent and engaged people with a passion for creating great customer experiences. We strive to make Nordea a great place to work, where people come as they are and are met with opportunities to evolve, develop and move forward in their careers. Every three months, we ask our colleagues how they feel about working at Nordea.

In 2023 results showed continued strong levels of motivation and satisfaction, with our average People Pulse engagement score of 82 putting us among the top 25% of international clients surveyed by Ennova. We value all perspectives, celebrate our differences and work every day to drive positive change. Annual Report 2023.

Developing the best talent The financial services industry is constantly evolving. At Nordea, we focus on attracting and retaining the best talent and ensuring that our 30,500 employees have the competencies we need to thrive today and in the future. In 2023 we implemented a new annual process to identify and close workforce-related gaps and address challenges critical to delivering on our strategic objectives and priorities.

One example of this is our increased focus on attracting technology talent , including in the field of AI and machine learning. Opportunities for learning and personal development are a leading source of motivation for people to join and stay at Nordea. We aim to provide clear and structured career opportunities and career paths, alongside a broad learning curriculum.

We also offer ample opportunities for internal mobility and an environment where the region’s brightest domain experts can develop. Fostering diversity Diversity and inclusion is a natural part of our daily work and something we regard as a strength. Collectively, our employees speak 60 different languages and come from all over the world, holding citizenships from 100 countries .

We value all perspectives, celebrate our differences and work every day to drive positive change. Indeed, we are constantly developing our people processes, including recruitment and talent management, to ensure equal opportunities and inclusion. Our leaders are integral to building an inclusive culture that can attract, inspire and develop talent.

Through ongoing yearly dialogues and development planning, they empower employees to advance their own careers and expand their horizons. How we have progressed in 2023 82 People Pulse average index score for employees who recommend Nordea as a place to work (81 in 2022). 88 People Pulse score for equal opportunities (88 in 2022). 94% of employees supported with performance, learning and development (PLD) dialogues in 2023 as part of their growth and career development (94% in 2022). Explore our milestones Open, flip through and read.

This is our story about last year, about our strategy and what we’ve accomplished so far, plus lots and lots of numbers and milestones that we’re proud of. Annual Report Our people About us Insights Share on Facebook Share on Threads Share on Linkedin 22-10-2025 About us Nordea in Estonia recognised for equal pay efforts Equal pay is one of the cornerstones of Nordea’s commitment to fostering an inclusive and equitable workplace. We are proud to have been awarded the prestigious Equal Pay Employer title by Figure Baltic Advisory, placing us among Estonia’s top five large employers recognised for providing equal pay.

Read more 16-10-2025 Interim result Nordea in Q3: Another very solid quarter Frank Vang-Jensen: "This was another very solid quarter from Nordea. We stayed close to our customers and were again proactive on all fronts. That led to higher levels of business activity.

Business volumes grew and profitability was again high. " Read more 08-09-2025 Events Entrepreneurship, AI and courage – Nordea present at Prince Daniel’s Fellowship Entrepreneur Day At the Prince Daniel Fellowship Entrepreneur Day, more than 200 young entrepreneurs, business leaders and mentors gathered in Stockholm to discuss the future of business. Nordea participated as a partner and an active voice in the discussions. Read more Scroll to top

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