Where the Nordics lead, other regions often follow. The region has consistently punched above its weight when it comes to capital markets activity. For instance, Nordic initial public offerings (IPOs) accounted for 44% of all European IPOs by number of deals last year, according to FactSet, and have consistently accounted for about a third of activity over the past five years.
The region also has a strong track record when it comes to the issues topping the global financial agenda. Sustainability and social justice have long been at the heart of the region’s culture. Add to that its lively fintech and broader digital industries sector, and it is a highly attractive proposition for banks seeking to serve engaged and forward-looking corporates.