12/08/2019at 10:48

Banks on FSA scrutiny: Customers' investments have to pay off

Several of the biggest banks in Denmark deny having tempted customers with investment products that expected to yield a negative return.

BY DANIEL HEDELUND, FINANSWATCH

Several banks deny having ever sold investment products to their customers, expectiing them to suffer a negative yield return.

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

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Marthe Skaar has been promoted to chief of communications and external relations officer at NBIM. | Foto: NBIM/PR

AMWatch

Oil fund expands leader group with two promotions

The leader group of the Norwegian oil fund has brought in two new women, expanding the group to 11 members. Almost half the members of the leader group are now women.

For subscribers

AMWatch

KLP protects young customers with pension savings from mortgage rate increase

For subscribers

Brian Krawez, President of Scharf Investments and Lead Portfolio Manager. | Foto: PR / Scharf Investments

Fund Management

Nordic pension fund picks US manager for concentrated global equity mandate

For subscribers

Responsible Investing

CIP seeks to double net profit in 2023

For subscribers

Pehr Östberg of Collectum believes that Alecta's investment setback in the USA will not be decisive for the ITP selection process. | Foto: Collectum / Pr

Pension

Pension companies await decision on SEK 60bn ITP scheme

For subscribers

Responsible Investing

Nordic investors join new climate initiative to engage companies

For subscribers

Nordic pension fund picks US manager for concentrated global equity mandate

The USD 4.1 manager is part of the iM Global Partner network that opened an office in Sweden earlier this month. The Nordic pension fund in question has not yet been named.

For subscribers

The general assembly at Maersk will be digital, i.e. without the physical attendance from shareholders | Foto: Jens Dresling

Pension

Large pension fund wants to clean up Maersk's board

Pension company KLP wants to remove Vice Chair Marc Engel due to a lack of women in the board. KLP also won’t sign off on the millionaires’ bonus for management.

For subscribers

Responsible Investing

Nordic investors join new climate initiative to engage companies

A new climate engagement initiative, joined by several Nordic investors, seeks to deliver on net zero commitment by getting companies to address four key elements.

For subscribers