Deutsche Bank held talks with Danske before scandal broke
Deutsche Bank spoke to both Danske Bank’s headquarters in Copenhagen and its Estonian branch before breaking off all cooperation in 2015, the German bank’s head of anti-financial crime and anti-money laundering, Stephan Wilken,…
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Purchasing index drops / Global fund cuts investment in Danske Bank / Denmark opens visa centre in Kuwait The Purchasing Managers Index (PMI), seen as an important indicator of economic health, fell to…
MoreLA prepares for new tax battle
Despite its embarrassing backdown on tax cuts last year the business-friendly Liberal Alliance is ready to make corporate tax an issue in the upcoming election campaign. Minister for the Economy Simon Emil Ammitzbøll-Bille…
MoreNew survey: Opposition leader best qualified for PM job
In the countdown to the general election opposition leader Mette Frederiksen has been given a pat on the back by voters who see her as the country’s ‘most competent’ party leader. The latest…
MoreNATO questions Danish troops’ combat-readiness
Denmark has a badly equipped international brigade that isn’t combat ready according to a NATO report, published just days after the government announced plans to increase defence spending to 1.5 per cent of…
MoreForeign Minister confirms support for Juan Guaidó
Foreign Minister Anders Samuelsen has spoken directly to Venezuelan opposition leader Juan Guaidó who declared himself acting leader in Caracas last week. In a tweeted message Mr Samuelsen wrote: ”Just talked to Juan…
MoreEX-PM declined bunga-bunga invitation
Former Danish prime minister Anders Fogh Rasmussen has revealed he politely declined an invitation to one of former Italian prime minister Silvio Berlusconi notorious ‘bunga-bunga’ parties. In a new documentary aired on national…
MoreCustomers desert Danske Bank as profits plummet
After announcing a 30% drop in earnings, Friday, Danske Bank, still fighting the aftershock of the money laundering scandal, promised tighter controls to prevent any further regulatory lapses. The Estonian money laundering case…
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Record profits for Ørsted / Poor Q4 for Novo / Chinese wind energy company opens Copenhagen office/ Ban on live betting? Partially state-owned energy company Ørsted (formerly DONG) has announced record DKK30bn ($461m)…
MoreThe Week That Was, January 28th – February 3rd 2019
Politics/Economy: A cross-party majority agreed to grant the Danish military DKK4.5bn more than agreed in last year’s defence bill, raising spending to 1.5 percent of GDP in 2023, up from the planned 1.35…
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