Investors are concerned over the involvement of U.S. authorities. A U.S. sanction on the bank could significantly hamper its ability to transact in the U.S. dollar. On Thursday, in a significant development that adds pressure to the business environment in… Read More ›
suspicious transactions
Swedish television highlights Swedbank’s links to Danske
A Swedish television program has stated it has uncovered documents which point to at least $4.30 billion (40 billion Swedish crowns) had been transferred between accounts at Swedbank and Danske in the Baltics between 2007 and 2015. Following a report… Read More ›
Danske Bank appoints Jesper Nielsen as interim CEO
Danske Bank has come under a cloud following an internal enquiry which showed that in the course of the last 8 years, suspicious transactions were routed through its Estonian branch. On Monday, the board of directors at Danske Bank appointed… Read More ›