Several months ago, Nordea Asset Management decided to halt all new investments in Danske Bank shares, due to a developing money-laundering scandal in the Danish bank's Estonian branch.
"Money-laundering and compliance are important factors when we evaluate banks, and that's why we quarantined Danske Bank before the summer," Katarina Hammar, head of responsible investments at Nordea Asset Managment, tells Swedish newspaper Svenska Dagbladet.
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