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Danske Bank CEO Quits Amid Dutch Probe of Laundering Allegations

Danske Bank CEO Quits Amid Dutch Probe of Laundering Allegations Bloomberg 1 hr ago © Source: Danske Bank Chris Vogelzang (Bloomberg) Danske Bank A/S is replacing Chris Vogelzang as chief executive officer after a Dutch money-laundering investigation implicated the former ABN Amro Bank NV executive, complicating the Danish lender’s efforts to get past its own scandal. Popular Searches Vogelzang, who had run Denmark’s biggest bank for less than two years, will be replaced by Danske’s head of risk management, Carsten Egeriis. The move comes after authorities in the Netherlands named Vogelzang “a suspect in connection with their investigations of potential violations of Dutch legislation relating to the prevention of money laundering at ABN Amro,” Danske said.

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