United States

Jacob Gronholt-Pedersen

Russia says Denmark has not asked for help in Danske case

Oct 10 2018

COPENHAGEN Danish and Estonian financial crime agencies have not asked Russia to help investigate a massive money laundering scandal at Danske Bank involving Russian and other account holders, Russia's financial monitoring service told Reuters on Wednesday.

Danske shares slide as U.S. criminal inquiry spooks investors

Oct 05 2018

COPENHAGEN Danske Bank's deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark's biggest bank sought to calm investors over the impact of a U.S. criminal investigation into its Estonian branch.

'Good chance' Danske whistleblower will testify in European Parliament: lawyer

Oct 02 2018

COPENHAGEN The whistleblower who helped reveal suspected money laundering at Danske Bank will consider an invitation from an EU parliament committee, his lawyer said on Tuesday, adding there is a "good chance" he will attend a hearing next month.

Denmark bolsters defenses against wider Danske Bank risks

Sep 25 2018

COPENHAGEN Denmark has bolstered defenses against shocks to its financial system after a risk-assessment body said the sector's stability could be threatened by the Danske Bank money laundering scandal.

Danish cannabis IPO aims to benefit from surge in investor interest

Sep 21 2018

COPENHAGEN Danish cannabis firm StenoCare is preparing to list shares in Copenhagen next month, the first in Europe to launch an initial public offering (IPO) to take advantage of a surge in investor interest.

Danske Bank CEO quits over $234 billion money laundering scandal

Sep 19 2018

COPENHAGEN Danske Bank's chief executive Thomas Borgen resigned on Wednesday after an investigation revealed payments totaling 200 billion euros ($234 billion) through its small Estonian branch, many of which the bank said were suspicious. | Video

Danske Bank set to shed light on Russian money flows to Europe

Sep 18 2018

COPENHAGEN Danske Bank will on Wednesday lift the lid on how billions of euros from Russia and ex-Soviet states flowed through its accounts in Estonia, the latest scandal to highlight Europe's inability to tackle alleged money-laundering.

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