DNB promises compensation after customer exodus from Sbanken

The Norwegian asset manager does not know the exact compensation costs after a mass departure of funds savers since DNB took over Sbanken last year.
Håkon Hansen has been group executive vice president of Wealth Management at DNB since 2019. | Photo: PR/DNB
Håkon Hansen has been group executive vice president of Wealth Management at DNB since 2019. | Photo: PR/DNB
by trym isaksen

Earlier this week in an interview with Norwegian business outlet Dagens Næringsliv, the head of DNB Wealth Management Håkon Hansen, promised that the asset manager will compensate fund customers who have had their funds sold or have lost returns due to errors on DNB’s part. 

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