Nordea Bank Going Through a Transformation, CEO Says

The transcript covers Nordea's market outlook, cost management, and digital transformation efforts. It discusses the decision-making process regarding the bank's headquarters due to regulatory concerns in Sweden. The CEO emphasizes the need for a level playing field, predictability, and strong capitalization to ensure financial stability. The conversation also touches on the shift from bailouts to bail-ins, highlighting the importance of high capital ratios for protecting society and taxpayers.

What is the speaker's perspective on government policies affecting the banking sector?

What does the speaker mean by 'a level playing field' in the context of banking?