Danske Bank

In connection with the debt collection issue, Danske Bank informed the Danish Data Protection Agency (DPA) that it had identified instances of personal data having been stored for longer than necessary. As part of that dialogue, Danske Bank also informed the DPA that the issue related to data retention and deletion is broader than the debt collection issue. The DPA has therefore requested more information in this regard., , , , On 21 December 2020, Danske Bank responded, detailing in its lette...

Danske Bank is using artificial intelligence to help it prevent a repeat of the huge money laundering scandal that hit one of its operations in Estonia

Copenhagen-based Danske Bank has laid off 257 workers as it adapts to structural changes in financial sector.

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Copenhagen based Danse Bank has partnered with Fintech Zenegy to automate payment processing with corporate cards.

Billions of dollars in illicit cash allegedly laundered via Danse Bank, with help of licensed crypto firms in Estonia.

Denmark's state prosecutor has dropped its investigation into whether accountant EY breached anti-money laundering laws in connection with its audit of Danske Bank , the Danish Business Authority (DBA) said on Friday.

Danske Bank's board of director will propose that no dividends be paid for 2019, it said in a statement on Monday.

Denmark's biggest lender Danske Bank said on Thursday it would discontinue 400 positions across its Nordic business, including laying off 230 employees, in a bid to cut costs and trim its organisation.

At the end of 2019, Neste and Mantsinen Group joined forces to tackle one of society's most difficult challenges, the social exclusion of young people, by launching the Zero Exclusion campaign. The campaign featured 42 paintings by three young artists created using a 300-tonne harbor crane fitted with specially-designed paint brushes. The paintings were sold on Zero Exclusion -site and purchased by different companies and individuals. The campaign exceeded the target of raising EUR 50,00...

Danske Bank beat fourth quarter net profit expectations on Wednesday and said it expects to earn a net profit of 8-10 billion Danish crowns in 2020.

U.S. authorities could face difficulties fining Danske Bank over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.

A group of institutional investors have sued Danske Bank for around 1.5 billion Danish crowns ($224 million) over alleged money laundering, Danish law firm Nemeth Sigetty, representing more than 60 investors, said on Friday.

The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank's role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters.

Denmark's biggest lender Danske Bank said on Monday it would improve governance of its IT systems following an inspection of the systems by the Danish Financial Supervisory Authority (FSA).

Danske Bank said on Thursday it has been preliminary charged by the Danish prosecutor for overcharging customers for an investment product.

Danske Bank shares fell more than 4% on Friday after the troubled lender said its annual profit would come in at the low end of forecasts, and unveiled plans to get costs and compliance under control by 2023.

World shares steadied near two-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar traded near its highest in a week before a Federal Reserve rate decision.

Danske Bank said its Estonian business had entered into liquidation on Tuesday after the country's financial regulator in February ordered it to close its branch at the center of one of the largest ever money laundering scandals.