Nyhetsbyran Direkt reported citing board chairman of Sampo Oyj stating that there is no possibility a merger between some of Sweden's four biggest banks in the short term. The report citing an interview, published on the Wall Street Journal website. There were rumors that Sampo is looking at a possible merger between Nordea and Swedbank AB. Bjorn Wahlroos stated that there were a number of obstacles for a bigger transaction at the moment, including the lack of political will in the wake of the financial crisis. He added that in the case of Swedbank, the valuation would be difficult due to the situation in the Baltic States and the ownership also includes local savings banks which set priority on even other things than shareholder value. He stated that at the same time, there is no obvious "monolithic" ownership in Swedbank, at least not in the same way as a year ago and this is the reason why probably there would be much speculation around Swedbank. He said: "So, after all, Swedbank could represent an option." He added that the merger with some of the other Swedish banks would generate synergies of some €500 million. According to him there is room for complementary acquisitions, especially in Denmark.

Parex Banka could be acquired by an already operating bank in Latvia, said Teodors Tverijons, head of the Latvian Commercial Bank Association. "I can do not rule anything, including this," Tverijons said, adding that he has spoken with people from three banks which had expressed interest in Parex Bank. He also confirmed that Bank of Latvia governor Ilmars Rimsevic’s information that about a dozen of banks were interested in Parex Bank. "It is possible that Nordea Bank AB is among them, but it is not the first and may not be the last," Tverijons said. "Each of the potential investors has its own goals, but as for the bank there will be no change - the owner and maybe a development strategy will change, but it will not affect clients," he said. Nothing Personal, a program of LTV3 television channel, reported on October 25 that Nordea wanted to acquire Parex, while the Rowland family was eying Parex Bank’s AP Anlage & Privatbank AG. The Latvian Privatization Agency (LPA) now has a 70.3% stake in Parex Bank for the government and 25% have been acquired by EBRD. The LPA has also hired Nomura International to work towards selling the government’s holdings in the bank.

Nordea Bank AB expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).