Nordea's new CEO has work cut out as bank plunges into the red

STOCKHOLM/HELSINKI (Reuters) - Nordea , one of the Nordic region's biggest lenders, swung into the red in the third quarter, surprising analysts and adding pressure on new CEO Frank Vang-Jensen as he seeks to revive profitability.It was the first loss since Nordea was created as the result of a bank merger in 1998.The bank, which also set out Vang-Jensen's financial strategy on Thursday, had already been seeing profits decline due to low interest rates and tough competition in mortgages and..