News | Latest Breaking News Stories & Headlines

Danske Bank is facing the threat of massive fines from US and other authorities

Danske Bank appoints former ABN Amro banker as CEO

Danske Bank, under investigation over its involvement in one of the world's biggest money laundering scandals, today said it had appointed Chris Vogelzang as chief executive.

Business • 10 May 19

Danske Bank is at the centre of an international investigation into alleged money laundering

Danske Bank ends miserable year with profit warning

Danske Bank, at the centre of an international investigation into alleged money laundering, has cut its 2018 outlook for the second time this year, citing challenging market conditions on financial markets.

Business • 21 Dec 18

Danske Bank's quartely results were dented by a 1.5 billion crown 'donation'

Danske Bank's third-quarter pretax profit slumps 42%

Danske Bank's pretax profit dropped 42% year on year in the third quarter to 3.59 billion Danish crowns ($547m), missing the 3.72 billion that was expected by analysts.

Business • 01 Nov 18

Denmark's largest bank is looking for a new CEO after Thomas Borgen was ousted last month

Danske Bank ditches CEO candidate after rejection

Danske Bank, reeling from a money laundering scandal, has suffered another setback when the Danish financial regulator rejected its candidate for chief executive on the grounds that he lacked sufficient experience.

Business • 17 Oct 18

Danske Bank has revealed payments totalling €200 billion through its Estonian branch

Danske Bank faces fresh money laundering inquiry

Danske Bank faces a new Danish investigation into alleged money laundering a day after revealing payments totalling €200 billion through its Estonian branch, many of which were suspicious.

Business • 20 Sep 18

Danske Bank's outgoing CEO Thomas Borgen said he regretted that the bank did not live up to its responsibility

Danske Bank CEO resigns over money laundering scandal

Danske Bank's chief executive Thomas Borgen quit today in a money laundering scandal which involved €200 billion flowing through its Estonian branch between 2007 and 2015, most of which was suspicious.

Business • 19 Sep 18

Danske CEO rejected calls to cut back Estonia business

Danske Bank's chief executive rejected calls in 2013 to scale back business at the bank's Estonian branch, the Financial Times has reported.

Business • 14 Sep 18

Danske Bank said it planned to increase its dividend payouts

Danske Bank beats Q4 pretax expectations

Danske Bank today beat fourth-quarter pretax profit expectations, warned of a lower net result in 2018 but said it planned to increase its dividend payouts.

Business • 02 Feb 18

Thomas Borgen