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Frances Schwartzkopff, Bloomberg News Pedestrians pass a Danske Bank A/S bank branch in Aalborg, Denmark, on Monday, Sept. 14, 2020. Denmark is re-introducing a number of coronavirus-related restrictions following the worst spike in infections since the height of the pandemic. Photographer: Cathrine Ertmann/Bloomberg , Bloomberg
(Bloomberg) Three years after the world learned of Danske Bank A/Sâs central role in one of Europeâs biggest money-laundering scandals, the cost of that stunning failure of governance is still palpable.
Denmarkâs biggest bank, once among the Nordic regionâs most reputable companies, has yet to fully resurrect itself from a dirty money affair thatâs made it the target of ongoing criminal investigations in the U.S. and Europe. Corporate and business clients have moved past the scandal. But when it comes to the bankâs retail customers, Danskeâs chief executive says itâ�
Danske s Bank sees long-term cost of money laundering luxtimes.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from luxtimes.lu Daily Mail and Mail on Sunday newspapers.