UK may not be able to exit EU for five years, Nordea CEO says

HELSINKI: The man running the Nordic region’s biggest bank says the European Union (EU) needs to brace itself for the possibility that it will take up to half a decade before Britain can extract itself from the bloc.

Speaking in an interview with Finnish broadcaster YLE TV1 last Saturday, Nordea Bank AB chief executive officer Casper von Koskull said the Brexit process that has rocked the EU is still plagued by “a lot of uncertainties.”