Analysis, observations and opinions on Nordic banking

This is where I dig into the numbers, market events and macro trends shaping the Nordic banking sector — and what they mean for the years ahead. Most pieces follow the quarterly results cycle; occasionally I explore focused themes such as wealth management, risk, technology, or operational excellence.

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Insights

Mikko Leinonen Mikko Leinonen

The Efficiency Wall in Nordic Banking

As the new normal sets in for the Nordic banks, strategic cost management becomes the defining competitive lever of 2026 and beyond — the one that will separate those who break through the efficiency wall from those who stall against it.

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Mikko Leinonen Mikko Leinonen

Nordea’s 2030 Strategy

Breakdown of Nordea’s strategic priorities for 2026–2030 and the levers behind its >15% ROE target.

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