Biggest bank in Scandinavia bans cryptocurrency trading for employees

UMMM, GUYS???!

Other urls found in this thread:

translate.google.dk/translate?sl=da&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http://www.euroinvestor.dk/nyheder/2018/01/19/nordea-forbyder-flere-tusinde-ansatte-at-handle-med-bitcoin-citat/13747253&edit-text=
e24.no/boers-og-finans/bitcoin/nordea-forbyr-tusenvis-av-ansatte-aa-handle-bitcoin/24235646
hegnar.no/TV/video/13ece143-00080348-fb49dc2f
yle.fi/uutiset/3-10035018
sbanken.no/
nordea.com/en/press-and-news/news-and-press-releases/press-releases/2017/12-05-08h30-nordea-joins-first-blockchain-based-trade-finance-platform-as-founding-partner.html
twitter.com/SFWRedditImages

For employees?

Also post the link you massive bag of black dicks

Im not Selling you snow-nigger!

lol, just a rumour at this point.

how the fuck are they going to enforce that even if they do go through with the ban

It's in Danish and you need to be a subscriber to read it.

But here's another (google translated) article:

translate.google.dk/translate?sl=da&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http://www.euroinvestor.dk/nyheder/2018/01/19/nordea-forbyder-flere-tusinde-ansatte-at-handle-med-bitcoin-citat/13747253&edit-text=

not uncommon for companies to force policies like this on their staff.
the four seasons which i worked for here has a "non-gambling" clause in their contract that also prohibits buying shares

>headquarters: stockholm, sweden

i dont need to know anything else

Cheers.

Seems like it only really affects those who work directly under Nordea. So not big news, but not a good trend either

how the fuck would they even know if their employees are invested in crypto though

A lot of bankers are trading crypto as a hobby.
Wouldnt suprise me if they neglect their work.

>95% of crypto directly threatens the existance of traditional banks
>traditional banks ban its employees from trading crypto

this desperate damage control does not surprise me in the slightest. I hope that all the employees trade even more now, fuck these jews.

Employees of banks have to follow different rules on the stock market already, even the fat neckbeards cleaning servers in the basement.
Not mentioning most of those 31k people are over 50 and don't give a fuck about coins.

This is will have no influence whatsoever in crypto markets.

Norwegian here. This.

How will they know outside of the job?

Hey that's my bank! Don't forget the CEO also said Bitcoin is scam, garbage and will never be worth anything.

Actually talked with a banker that transfer funds around the world from Nordea this weekend. He told me the Dollar and Euro is to big to ever fail and that crypto will fail. Governments wont ever allow crypto if they cant know where the money goes. The fucking "war on terror" meme

Better short Nordea stocks then.
Thanks OP!

Lol is this even legal? Way to take away their freedom

This is just good news, shows that the bank are legitimately worried instead of lolling at the crypto craze in the office


Their employees are mostly customer service cucks which are literally the least prioritized in their business. Banks are cutting costs and automating whenever they can to get rid of their employees, putting them in noisy distracted open offices to save space, not giving a fuk about most employees

Crypto trading is more interesting. The volatility highlights the gambling aspect. A friend of mine once referred to the stock market as a slow-motion casino. The world moves faster these days.

fake news.....
Your boss cant fucking ban you from doing something in your free time thats is legal to do...

Source : I work for Nordea Norway

That just means that they know we are real competition and don't want their own employees to undermine the banking sector while investing in alternatives.

I have Nordea by the way, and I have considered switching. These kind of tactics means that they're going to freeze crypto accounts down the road. I'm calling other banks to inquire about their stance on crypto.

If any Danes went through this, let me know.

>muh war on terror
These tyrants need to be put out to grass. They have to import Muslims so that people are afraid of terrorism. This justifies bigger and stronger government, and what crypto really presents is a threat to tax collection.

Accumulate Monero and lay low.

so the biggest financial newspaper in norway is lying then? e24.no/boers-og-finans/bitcoin/nordea-forbyr-tusenvis-av-ansatte-aa-handle-bitcoin/24235646


Agreed. Founder of Stellar literally said banks are first and foremost software companies, and that he got on to Stellar he thought "holy shit, this will replace all the bullshit work i was doing in the banks"

Wow i cant imagine how cucked you got to be to let your employer dictate how you use your hard earned money in your free time

Edit: just read it lol. Employees working in wholesale banking (big customers) aren't allowed, which is about 300 employees in Norway in total

Uuuuuuggghhhhh that's my bank.

I hate them but their online and mobile banking are great.

However, if they come for my funny money I guess I'll switch banks.

These shitheads try to shill me their investment funds whenever I go do shit there.

but are the masses really this dumb?
Glad Im moving far away from Norway in a few weeks.

True, nothing beats being able to call or chat and get help instantly 24/7. The only thing I would hate more than leaving Nordea is them freezing my accounts.

Big newspapers lying? No way! Thats totally unheard of!

swedish banks already to open up corporate accoutns for any cryptocurrency businesses

a lot of bankers deserve to hang

trading crypto is seen as speculation by compliance in most banks. And it should be since at this stage it is speculation. until we have clear and concise laws on regulation/taxation on crypto the banks are likely to stop their employees from trading

*refuse to open

When does the open season on commies start?

Duhh. It's obvious. They're not allowing them to buy into the competition.

Sure they can. Some corporations in the US test employees for tobacco and won’t hire smokers citing insurance cost risks. Being obese is OK though.

>can't tax the goyim's btc holdings to fund the refugee population

Shut it down

>bunch of jewish queers ban BTC trading

What rock do you live under? companies can and has done it for ages. Almost all casinos have a no gambling policy on their employes due to the potential of inside knowledge. Just pick a different job if you don't like it faggot or challenge them in court. I bet you think your boss isn't allowed to look through your peersonal email if you use their pc and network to access it.

This is nothing new. Not breaking news. It's been like this at least for a year. They are not allowed to trade or own crypto. It's not illegal, but it's against the banks policy. Many corporations have similar rules when it comes to supporting or working for the competitors.

if my boss at Wendy's unironically tried to tell me to stop trading cryptos I would die laughing

Disgusting bank trying to control what employees do with there money.

>for employees

OH NO 0.0000001% of the market is now gone

ITT: People have no clue how regulation works inside banks.

i work in asset management and i checked that i don't have to report any crypto trades, holdings or exchange accounts. same goes for things like sports betting. i do however have to declare any brokerage accounts in case there were any conflicts of interest but clearly my day job is nothing to do with shitcoins on shitopia so they don't give a shit about that

Actually, they're moving headquarters to Finland :D

Well Finland and Sweden are both shitholes

Communist Scandinavia at it again

Tell me again how often do they shill you propaganda in elementary schools about you’re the best countries in the world and you should just stfu and accept the State raping you no questions asked lmao

It's to avoid conflicts of interest u absolute mongs

> Bank does not want it's wageslaves to get rich trough competing technology

I have really hated how some media outlets to have fudded crypto this month. Especially this fool. Watch if you're norwegian: hegnar.no/TV/video/13ece143-00080348-fb49dc2f

They're so happy about their 14 percent gains didn't even beat the index. Calls crypto air, dont know what its backed buy. Full of disinformation.

The market is at 521 billion. If they were the 0.0000001% they would have only 52k$ divided among 31,596 employees, or 1.65$ per employee. I think you're grossly underestimating this bank. The 0.000005% would be more accurate.

first step to perman bans you really think commie shitholes like this are gonna lose control?

lel

This just wants me to hold XMR or something out of principle. Then pray for some success in the decentralized exchange business.

>fuck these Jews

All the Jews moved to crypto user. The are the bankers left in the dirt.

old news, nordea did this before new years

Good to see we still have some autists on biz that'll do the actual math on a hyperbolic figure of speech

/thread

CAN ANYONE ELSE NOT POST IMAGES???

>are the masses really this dumb?
>Glad Im moving far away from Norway in a few week
financial newspapers are lying about crypto all the fucking time. what world are you living in if you don't know how prevalent fake news is this day. main stream news is almost always agenda driven and often completely fake. the retraction article will be seen by almost no one.

name one conflict of interest you mong

Banking/finance workers have to disclose shitloads of personal information like pretty much all nontrivial monetary transactions. Same in the US.

>500 billion is all The jews have.
Now go fuck yourself.

Jamie Dimon said the exact same thing about traders at JP Morgan, its not an isolated incident.

This is such a shame of a thread. This is common as fuck in ALL types of countries and governments for various reasons and this thread really show how many low-educated /pol/ and libtard newfaggots we actually have on this board now.

Have you fags never actually worked a single job that gives you more responsibility than handling burgers/scrubbing toilets. This shit should be common knowledge and if you never experienced this or was told about it through your education it's still just a small step in logic to figure out multiple reasons why something like this exists, as many anons have pointed out.

Mostly low educated poor people caters to "/pol/" and "antifa" like echochambers meme really isn't a meme, eh.

How can you dictate what your employees do on their own time? They're not slaves.

>Governments
wrong, European countries would gladly do this

baka

It's just like JP Morgan. One month before they started cryptotrading themselves

>for all employees

nice larp.. its the same employees that are not allowed to short

>Conflict of interest policies only exists in europe

Please nigger you don't have to tell me you have the life experience of a highschooler I already knew that.

This is a wonderful question for Google. You will practice finding information on your own and the subject at hand is a really good topic to know about.

You will be geared for real life in no time.

even the article is pink, and your ID
AAAAAAAAAAAAAAAAAAAAA

nice reading comprehension

>banning peer to peer decentralized networks
why the fuck do people still care
when will people understand that cryptos are not banable

i really just dont get it
how will any country enforce laws regulating crypto its impossible they will always have worth
they would have to shut down the internet?????????????????????????????????

You have to cash out at some point

Did any of you fags even read the article?

They're banning crypto trading for employees working in the wholesale-banking department which deals with large institutions. Which is only a total og 3800 employees across all countries. And reason stated? These employees are under much stricter rules in regards to potential insider trading.

It's fucking nothing.

When they try to cash out. I mean they can just use another bank, but you know, most dipshits will use the bank they work at.

Nordea doesn't allow you to cash out money from bitcoin trading either.

Other banks do. Guess who's going to lose customers on that.

>Almost all casinos have a no gambling policy on their employes due to the potential of inside knowledge.
I dont live in the US, your laws are irrelevant to me, Casinos are illegal here

Its real alright

yle.fi/uutiset/3-10035018

>Sure they can. Some corporations in the US
Im not in the US tho.... stop applying your stupid laws to me

DNB got no such restrictions and commented that they ain't got any plans for that either :)

I use that bank. Shiiiiiiiiiiæææææææt

>so the biggest financial newspaper in norway is lying then?
Yes... well not lying, but playing loose with facts, its a suggestion by a high up retard to ban it, but he`s retarded and it wont go trough, but reporters made a story about it anyway

Fucking Asian FUD

C-can they do that? How the fuck is this even possible? They can't do whatever the fuck they want with their own money?

>I use that bank
Unless your a company...dont use Nordea... i Work for Nordea and im telling you this , private you should use sbanken.no/

Of course they can. If there is reasonable doubt that crypto trading is in conflict of interest they can ban it and enforce the ban. This practice isnt uncommon you know.

How did I do it then?

I used to have that bank, but switched when I found out that it's shitty compared to other banks.

I wonder why the higher ups at Nordea don't want their executives participating in BTC speculation? hmmmmmmm
Maybe because Nordea is the leading partner with the we.trade FUCKING BLOCKCHAIN ALLIANCE IN CONJUNCTION WITH IBM.
NOW... IBM was partnered with somebody... hmmmm.. who could it be... I almost remember.. it was some type of distributed ledger technology company... OH I REMEMBER STELLAR!!!. This is conflict of interest for executives at Nordea to participate in this market because Nordea is getting heavily invested in blockchain technology with IBM, powered by Stellar. They need to create separation between the two, especially with the upcoming introduction with fairX. Nordea will most likely be providing liquidity to fairX in a lot of the European Regions

source
>nordea.com/en/press-and-news/news-and-press-releases/press-releases/2017/12-05-08h30-nordea-joins-first-blockchain-based-trade-finance-platform-as-founding-partner.html

>Conflict of interest policies are only enforced in casinos and America

For fuck sake Billy it was one EXAMPLE to make people like you understand how and why it is used and enforced.

This mean they will buy a shit ton of them, and they don't want to be sue for inside trading.

already sold 100k :(

fucking snowniggers.
Scandinavia, I thought Norwegians were not that cucked, seems they have it just as bad as achmed and abdullah from finland and sweden.

5 6 %

6

%

> Reee company making money off of fiat doesn't want crypto rising in market share

What did he mean ?

you wot m8?

Länsförsäkringar

Who gives a fuck about 31k people when we have 7billion and more coming in everyday than a measily 31k? Pajeet fud articles to buy cheap bags

Using Nordea is a sure sign of a person who hasn't bothered looking up alternatives. They're fags.