COPENHAGEN Foreign investors sold Danish shares worth almost $14 billion in 2018 following a money laundering scandal at the country's largest lender Danske Bank, Denmark's central bank governor said on Wednesday.
COPENHAGEN Danske Bank’s annual shareholder meeting extended into the fifth hour on Monday as retail investors expressed their discontent over the bank’s involvement in one of the world’s biggest money laundering scandals.
COPENHAGEN Compliance and anti-money laundering staff are in hot demand in the Nordic financial sector following tougher regulations and a string of scandals involving the region's top banks Danske Bank, Nordea and Swedbank.
COPENHAGEN The European Union needs tougher anti-fraud controls including a central body able to enforce laws against money laundering, European lawmakers said on Friday, describing financial crime as a security problem for the continent.
COPENHAGEN Denmark's ATP pension fund, which handles the retirement savings of most Danes, has increased its stake in Danske Bank, which is mired in a money laundering scandal, saying it wants to be an active owner.
COPENHAGEN, Feb 7 Danish logistics firm DSV
is still focused on taking over peer Panalpina
despite a snub of its $4 billion-plus bid from the Swiss
company's top shareholder this week, DSV's chief executive said
COPENHAGEN In the wake of Danske Bank's money laundering scandal, an EU committee will visit Estonia and Denmark this week to meet regulators, prosecutors and the bank's new management to discuss ways to crack down harder on fraud.
COPENHAGEN Danske Bank, caught up in one of the world's biggest money laundering scandals, reported a 28 percent drop in 2018 profit, cut its dividend and promised to spend around $300 million to tighten safeguards against financial crime.