https://feeds.thelocal.com/ Read the latest news and views from Denmark in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Danske Bank reported heavy losses for 2022 on Thursday as Denmark's biggest lender was hit by huge fines in the United States and at home over money laundering. https://www.thelocal.dk/20230202/danish-bank-posts-loss-after-us-money-laundering-fine Thu, 02 Feb 2023 16:33:10 +0100 danish-bank-posts-loss-after-us-money-laundering-fine Danske Bank, Denmark's largest, has pleaded guilty to defrauding American banks in order to move money from criminals in Russia and elsewhere into the US financial system and will forfeit $2 billion, the Justice Department said. https://www.thelocal.dk/20221214/danske-bank-admits-fraud-and-must-pay-2-billion-fine-in-us-case Wed, 14 Dec 2022 11:50:21 +0100 danske-bank-admits-fraud-and-must-pay-2-billion-fine-in-us-case Denmark’s economic crime unit SØIK has dropped potential charges for money laundering against three leading former directors of Danske Bank, Denmark’s largest bank, but investigation of the bank itself continues. https://www.thelocal.dk/20210430/danish-police-drop-money-laundering-case-against-danske-bank-directors Fri, 30 Apr 2021 19:15:32 +0200 danish-police-drop-money-laundering-case-against-danske-bank-directors The United States and a US pension fund have filed a claim in a Danish court seeking more than $1.6 million for lost investments following a money laundering scandal that engulfed Danske Bank, their lawyer confirmed. https://www.thelocal.dk/20210421/us-files-lawsuit-against-scandal-hit-danske-bank Wed, 21 Apr 2021 11:06:58 +0200 us-files-lawsuit-against-scandal-hit-danske-bank The former head of the Estonian branch of Denmark's scandal-plagued Danske Bank committed suicide, police and prosecutors said Monday. https://www.thelocal.dk/20190930/denmark-death-of-former-danske-bank-executive-ruled-suicide Mon, 30 Sep 2019 18:10:32 +0200 denmark-death-of-former-danske-bank-executive-ruled-suicide The former head of the Estonian branch of Denmark's scandal-plagued Danske Bank has been found dead, police said Wednesday. https://www.thelocal.dk/20190925/estonian-former-executive-of-troubled-danske-bank-found-dead Wed, 25 Sep 2019 16:01:11 +0200 estonian-former-executive-of-troubled-danske-bank-found-dead Danske Bank, which is struggling to restore public confidence after a huge money laundering scandal, said Monday it had fired its head of banking in Denmark over exorbitant fees charged for an investment product. https://www.thelocal.dk/20190625/more-scandal-at-danske-bank-as-interim-danish-ceo-fired Tue, 25 Jun 2019 11:43:35 +0200 more-scandal-at-danske-bank-as-interim-danish-ceo-fired The Nordic region's largest bank Nordea said Monday that Danish prosecutors had raided its offices in Denmark as part of an investigation into money laundering. https://www.thelocal.dk/20190618/nordeas-danish-offices-raided-in-money-laundering-probe Tue, 18 Jun 2019 11:12:01 +0200 nordeas-danish-offices-raided-in-money-laundering-probe Ten former leading employees with Danske Bank have been charged in connection with Danish police economic crime unit SØIK’s investigation into money laundering, according to a report. https://www.thelocal.dk/20190508/ten-former-danske-bank-bosses-charged-in-money-laundering-case-report Wed, 08 May 2019 19:18:01 +0200 ten-former-danske-bank-bosses-charged-in-money-laundering-case-report Shares in Denmark's Danske Bank, caught up in a gigantic money laundering scandal, dived on Tuesday after it reported a sharp fall in first-quarter net profits and revised annual targets downwards. https://www.thelocal.dk/20190430/scandal-plagued-danske-bank-profits-fall-sending-shares-plunging Tue, 30 Apr 2019 14:53:18 +0200 scandal-plagued-danske-bank-profits-fall-sending-shares-plunging Institutional shareholders in scandal-ridden Danske Bank are suing the Danish lender for $475 million in damages for losses incurred in a gigantic money laundering case, according to a statement seen Tuesday by AFP. https://www.thelocal.dk/20190320/investors-go-after-denmarks-danske-bank-in-475-million-lawsuit Wed, 20 Mar 2019 11:04:02 +0100 investors-go-after-denmarks-danske-bank-in-475-million-lawsuit Estonia's banking watchdog FSA said Tuesday it has ordered Denmark's largest lender Danske Bank to close its local branch within eight months, following a money laundering scandal. https://www.thelocal.dk/20190221/watchdog-closes-danske-banks-estonian-branch-over-scandal Thu, 21 Feb 2019 18:22:25 +0100 watchdog-closes-danske-banks-estonian-branch-over-scandal Denmark's Danske Bank, caught up in a massive money laundering scandal, said Friday its 2018 earnings plunged nearly 30 percent and promised tighter controls to prevent any further regulatory lapses. https://www.thelocal.dk/20190201/scandal-hit-danske-bank-vows-tighter-controls-as-profit-tumbles Fri, 01 Feb 2019 11:58:22 +0100 scandal-hit-danske-bank-vows-tighter-controls-as-profit-tumbles A scandal involving the laundering of millions of kroner via Danske Bank’s Estonian branch has led to an investigation in several countries as well as massive criticism from politicians and authorities. https://www.thelocal.dk/20190115/money-laundering-scandal-costs-trust-amongst-danske-bank-customers Tue, 15 Jan 2019 16:13:44 +0100 money-laundering-scandal-costs-trust-amongst-danske-bank-customers Estonian authorities have arrested ten people in connection with money laundering through the Tallinn branch of Danske Bank, Denmark’s biggest lender. https://www.thelocal.dk/20181219/ten-arrested-in-estonia-in-danske-bank-money-laundering-case Wed, 19 Dec 2018 12:49:45 +0100 ten-arrested-in-estonia-in-danske-bank-money-laundering-case Danish prosecutors said Wednesday they had brought "preliminary charges" against Danske Bank, the Scandinavian country's biggest lender, which has been embroiled in a massive money-laundering scandal. https://www.thelocal.dk/20181128/danske-bank-charged-in-money-laundering-case Wed, 28 Nov 2018 20:10:47 +0100 danske-bank-charged-in-money-laundering-case A whistleblower who uncovered a massive alleged money laundering scheme at Danske Bank's Estonian branch told a Danish parliamentary commission Monday that he had notified his superiors four times about suspicious transactions but no action was ever taken. https://www.thelocal.dk/20181120/danske-bank-whistleblower-says-he-raised-alarm-four-times Tue, 20 Nov 2018 11:25:50 +0100 danske-bank-whistleblower-says-he-raised-alarm-four-times The lawyer representing Howard Wilkinson, the primary whistleblower in the Danske Bank money laundering scandal, has said the ban enforced a general confidentiality obligation which prevented Wilkinson from speaking to authorities over suspected irregularities. https://www.thelocal.dk/20181114/danske-bank-forbade-whistleblower-from-going-to-police-lawyer Wed, 14 Nov 2018 13:17:51 +0100 danske-bank-forbade-whistleblower-from-going-to-police-lawyer Being found guilty of money laundering would preclude Danske Bank from being responsible for carrying out state payments, Minister for Public Sector Innovation Sophie Løhde has said. https://www.thelocal.dk/20181108/government-prepared-to-fire-danske-bank-over-money-laundering-scandal-minister Thu, 08 Nov 2018 12:10:47 +0100 government-prepared-to-fire-danske-bank-over-money-laundering-scandal-minister Banking regulator Finanstilsynet has failed to use the full extent of its powers to control lenders, media in Denmark reported on Thursday. https://www.thelocal.dk/20181025/danish-financial-authority-failed-to-use-strongest-measures-against-banks-report Thu, 25 Oct 2018 13:39:58 +0200 danish-financial-authority-failed-to-use-strongest-measures-against-banks-report