Nordea set to join AT1 pipeline, FSA is said to back off 9% trigger

The Swedish regulator has given its banks enough clarity to issue CRD IV compliant additional tier one (AT1) instruments, according to Nordea chief financial officer Torsten Hagen Jorgensen, which is ready to issue its first deal. But not all Swedish banks are apparently in the know, as talks have been largely bilateral, and certain capital requirements may be tailored differently to each bank.