New money laundering problems for Danske Bank
Danske Bank in Norway has been forced to implement stricter anti-money laundering measures after the Norwegian financial watchdog found it had failed to comply with local regulations on several points. During a routine…
Danske Bank still feeling aftershock of money laundering scandal
Danske Bank has been forced to downwardly adjust its year-end profit expectation as it continues to feel the repercussions of the money laundering scandal. Denmark’s biggest bank has lost thousands of customers since…
U.S. urges Estonia to punish transgressors in Danske Bank money laundering scandal
The U.S. Treasury has put pressure on Estonia to ensure that investigations into the Danske Bank money laundering scandal end in convictions. Martin Helme, Estonian finance minister, told Bloomberg News it was made…
Danske Bank bottom line hit by money laundering scandal
The money laundering scandal continues to cost Danske Bank money – and customers. Denmark’s biggest bank posted a half-yearly profit of DKK7bn, Thursday, 24% down on the same period last year, as 13,600…
Danske Bank aware of money laundering in 2014
Previously unseen documents reveal Danske Bank shut down a probe into suspicious money laundering activities at its Estonia branch five years ago. The paperwork, obtained by DR News, shows how Danske hired an…
Danske Bank in new money laundering scandal
Danske Bank has become embroiled in a new money laundering scandal. A TV investigative journalism show, ‘Operation X’, revealed last night how a Copenhagen currency exchange bureau, currently charged with money laundering, used an account…
10 Danske Bank executives charged in money laundering scandal
The public prosecutor has charged 10 former Danske Bank executives with alleged involvement in the money laundering scandal. Berlingske reports how the charges relate to the 200 billion euros ($224 billion) of suspicious…
Former Danske Bank boss charged in money laundering scandal
The public prosecutor has charged Thomas Borgen, former CEO of Danske Bank, over his involvement in the money laundering scandal. Financial daily Børsen reported how police raided Mr Borgen’s home on March 12….
Danske Bank shares take a dive as money laundering investigation widens
Danske Bank shares took another dive, Friday, and are fast becoming Europe’s worst financial stock. Investors are deserting Denmark’s biggest bank following the money laundering scandal. Shares fell as much as 11 percent…
Danske Bank: First money laundering, now tax avoidance
Danske Bank’s problems continue to escalate. Politiken reports today how Denmark’s biggest bank used Mossack Fonseca, the controversial Panamanian law firm at the center of the ‘Panama Papers’ scandal, to help Danish customers…
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