Pension fund Velliv takes harder line with Macquarie than Danske
Money laundering and cum/ex scandals have put Velliv's investments in Danske Bank and Sydney-based Macquarie on hold. In future, Velliv formerly Nordea Liv & Pension Danmark has no plans to invest in Macquarie, however, Danske Bank's chances within Velliv's investments look much brighter.
Danish pension fund Velliv -- which is in the process of severing ties to its previous owner, the big bank Nordea -- has put its investment in Danske Bank on hold after the bank's money-laundering crisis erupted.
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