New blow for Danske Bank as business school cuts all ties
Danske Bank is currently being heavily criticized for its involvement in a money-laundering scandal in the bank's Estonian branch. Now, in a further knock, Denmark's leading business school is severing all future ties to the bank.
by DAVID BENTOW
Danske Bank's reputation is currently taking severe punishment due to the bank's involvement in a money-laundering scandal in its Estonian branch, where "a large part" of money transfers totalling some EUR 200 billion may be "suspicious", according to the bank's own statements.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app