Norwegian bank risks major fine in country's largest-ever class action lawsuit

180,000 customers claiming to have paid for actively-managed strategies but in truth had a index approach demand more than EUR 40m from DNB.

by THOMAS BO CHRISTENSEN

The largest class action lawsuit in Norwegian history involving large big domestic bank DNB will soon be settled.

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Norwegian bank risks major fine in country's largest-ever class action lawsuit

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Deas performance weakened by acquisition of Nordea Ejendomme – CEO projects progress in 2019

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Expansion of Nordic team has paid off: Inflows to all core products for US manager

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

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Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager