Nordea AM temporarily halts investment in Danske Bank shares

Nordea Asset Management, the largest asset manager in the Nordics, has had a halt on all investments in Danske Bank shares due to a developing money-laundering case since early summer, the head of responsible investments tells newspaper Svenska Dagbladet.
Photo: Jens Nørgaard Larsen/ Ritzau Scanpix
Photo: Jens Nørgaard Larsen/ Ritzau Scanpix

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.

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