Danske Bank

Danske Bank A/S is a Danish bank. It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn. Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with over 5 million retail customers.

Source: en.wikipedia.org

Jittery Investors Dump Shares Of Nordic Banks After Reports Of FBI Investigation

Jittery Investors Dump Shares Of Nordic Banks After Reports Of FBI Investigation
Jittery Investors Dump Shares Of Nordic Banks After Reports Of FBI Investigation
December 15, 2020  |  Cybersecurity

A report by a major Swedish newspaper triggered a selloff by investors of shares in a trio of Nordic banks, puzzling analysts since the revelations...

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Danske Bank Debuts Payment Automation For Corporate Cards
Danske Bank Debuts Payment Automation For Corporate Cards
November 22, 2020  |  B2B Payments

Danske Bank, the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards,...

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Danske Bank To Slash Jobs As Money Laundering Allegations Mount
Danske Bank To Slash Jobs As Money Laundering Allegations Mount
October 08, 2020  |  Personnel

Embroiled in a money-laundering scandal, Danske Bank plans to eliminate up to 1,600 jobs in what the Nordic bank is describing as a cost-cutting move....

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Danske’s Money Laundering Fine Could Be Lower Than Expected In US
Danske’s Money Laundering Fine Could Be Lower Than Expected In US
January 31, 2020  |  Bank Regulation

A fine for embattled banking institution Danske Bank could be much lower lower than expected in the U.S. because the institution does not have a...

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Danske Bank Hit With Third Money Laundering Lawsuit
Danske Bank Hit With Third Money Laundering Lawsuit
December 27, 2019  |  Legal & Regulation

Danske Bank is facing another lawsuit from about 60 investors over alleged money laundering, according to a report by Reuters.  It’s the third lawsuit by...

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Deutsche Money Laundering Probe Accelerated
Deutsche Money Laundering Probe Accelerated
December 02, 2019  |  Cybersecurity

The U.S. Department of Justice (DoJ) has accelerated its probe into Deutsche Bank’s participation in a $220 billion Danske Bank money laundering scheme, Reuters reported...

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Deutsche Bank Backs Idea For Stronger Banking Union
Deutsche Bank Backs Idea For Stronger Banking Union
November 06, 2019  |  Banking

Deutsche Bank Deputy Chief Executive Officer Karl von Rohr said the bank welcomes a finance ministry proposal from Germany that would strengthen the European banking...

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Deutsche Investigated For Five-Year Delay In Reporting Suspicious Transfers
Deutsche Investigated For Five-Year Delay In Reporting Suspicious Transfers
October 15, 2019  |  Cybersecurity

Despite breaking off its relationship with Danske Bank in 2015, Deutsche Bank didn’t report more than a million suspect bank transfers until February of this...

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