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United States

Teis Jensen

British inquiry intensifies Danske Bank money laundering scandal

Sep 21 2018

COPENHAGEN/LONDON Danske Bank's money laundering scandal spread on Friday to Britain where the National Crime Agency (NCA) said it is investigating the use of UK-registered companies. | Video

Under fire Danske Bank faces fresh money laundering inquiry

Sep 20 2018

COPENHAGEN Danske Bank faced a new Danish money laundering inquiry on Thursday as political anger spread over a scandal involving 200 billion euros ($234 billion) in payments, many of which were suspicious, through Estonia.

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.

Hedge fund shorts on Danske Bank hit 11-month high before money laundering report

Sep 18 2018

LONDON/COPENHAGEN, Sept 18 Short positions on Danske Bank shares hit an 11-month high on Monday, rising 46 percent from Friday, data from industry tracker FIS' Astec Analytics showed.

Greenland government loses majority as airport funding row resurfaces

Sep 10 2018

COPENHAGEN Greenland's government lost its parliamentary majority as a row between coalition partners escalated on Monday over how a planned upgrade of three airports, of strategic interest to both Washington and Beijing, should be financed.

Denmark wants to cooperate as much as possible on European defense: PM

Aug 28 2018

COPENHAGEN Denmark will take part as much as possible in European defense cooperation outside NATO, Prime Minister Lars Lokke Rasmussen said after meeting France's president on Tuesday.

Drought, weak exports set to take toll on Denmark's economic growth

Aug 23 2018

COPENHAGEN, Aug 23 Drought-hit agriculture and weak international markets for key companies like Lego, Novo Nordisk and Vestas are set to slow growth in Denmark's export-driven economy this year.

Danish energy group Orsted buys U.S onshore wind developer

Aug 09 2018

COPENHAGEN Danish energy group Orsted has agreed to buy U.S. onshore wind farm developer Lincoln Clean Energy (LCE) in a $580 million deal, aiming to gain a foothold in what it sees as a key growth market.

Maersk cuts 2018 profit forecast, but eyes market recovery

Aug 07 2018

COPENHAGEN A.P. Moller-Maersk cut its 2018 earnings forecast on Tuesday due to higher fuel prices, although the downgrade was smaller than some analysts had feared, prompting shares in the world's biggest container shipping company to rise.

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