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.
by DAVID BENTOW
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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