DNB ASA (DNB.OL)
18 Dec 2018
OSLO Norwegian bank DNB does not have sufficient systems in place to combat money laundering, the country's Financial Supervisory Authority (FSA) said on Friday.
OSLO DNB , Norway's largest bank and a major lender to the oil sector, reported a third-quarter net profit that lagged forecasts on Thursday despite an upturn in the Norwegian economy.
OSLO Norway's DNB and the Sparebank 1 consortium of banks have agreed to merge their insurance operations in a jointly owned company valued at 19.75 billion Norwegian crowns ($2.43 billion), the companies said on Monday.
OSLO Nordea and DNB have agreed to sell a 60 percent stake in Baltic bank Luminor to a Blackstone private equity consortium for 1 billion euros ($1.16 billion) in cash, the two Nordic banks said on Thursday.
OSLO, Aug 14 Norwegian bank DNB will switch its mutual funds for U.S. and European stocks to index tracking from active management on Aug. 16, it said on Tuesday.
* Norway's largest bank DNB and consumer goods maker Orkla have formed a marketing joint venture, DNB said in a statement
* Nordea Bank launched Apple Pay to its customers in Norway on Wednesday, it said in a statement