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Tonny Thierry Andersen was in charge of division when compliance team issued warnings

Danske Bank's internal compliance division informed management of the bank's breach of regulation on proper customer counseling in 2015. New revelations add to the pressure on the former Head of Wealth Management at Danske Bank, who is currently anticipating Nykredit's so-called fit & proper approval, writes Danish newspaper Berlingske.

Photo: Rune Aarestrup Pedersen/ERH

In 2015, Danske Bank's internal compliance division warned the bank's management of a breach of regulation on proper customer counseling when advisors sold investment products Flexinvest Fri, which yielded net losses to customers.

At the time, Tonny Thierry Andersen was in charge of Private Banking, adding to the pressure on his persona in connection with a so-called fit & proper approval for his new job at Nykredit, writes Danish newspaper Berlingske.

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