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Monday, 19 Apr 2021 06:48 PM MYT A Danske bank sign is seen on a bank’s headquarters in Copenhagen, Denmark October 22, 2019. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. AMSTERDAM, April 19 Danske Bank’s chief executive Chris Vogelzang, who was hired to help it recover from a multi-billion dollar money laundering scandal, resigned today after Dutch authorities labelled him as a suspect in a separate case at ABN Amro. Vogelzang said he was quitting after the Dutch prosecution service said it was investigating three former board members at ABN. The Dutch bank also said it had reached a €480 million (US$577 million) settlement over systematic failures to tackle money laundering. ....
By Aaron Nicodemus2021-04-19T16:58:00+01:00 Ripples from ABN AMRO’s €480 million (U.S. $575 million) settlement in the Netherlands to resolve money laundering allegations reached Danske Bank on Monday, as two of the bank’s executives resigned after being connected to the Dutch probe. Danske Bank CEO Chris Vogelzang announced he is stepping down, saying Dutch authorities plan to name him as “a suspect in connection with their investigations of potential violations of Dutch legislation relating to the prevention of money laundering at ABN AMRO.” “My status as a suspect does not imply that I will be charged,” Vogelzang said in a statement released by the bank. “However, given the special situation Danske Bank is in and the intense scrutiny the bank is under, particularly in relation to anti-money laundering as a consequence of the still unresolved Estonia matter, I do not want speculations about my person to get in the way of the continued development of D ....
COPENHAGEN (Reuters) - Carsten Egeriis, who was named as Danske Bank chief executive on Monday, said he plans to continue the strategy set out by his predecessor for Denmark's largest lender. ....
ABN Amro's money laundering settlement prompts Danske Bank's chief to resign. nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.
Danske CEO exits over Dutch ABN money laundering inquiry yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.