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Danske Bank charges investors thousands of kroner for free newsletter and podcast

The Danish FSA states that banks must provide retail clients with ”quality-enhancing service” if the bank receives a brokerage commission. This service must be proportional to the payment.
Danske Bank does not wish to be interviewed about the cases, but the bank’s press department states on behalf of the bank that it is a technical error, as the services are only intended for commission-paying customers | Photo: PR/Danske Bank
Danske Bank does not wish to be interviewed about the cases, but the bank’s press department states on behalf of the bank that it is a technical error, as the services are only intended for commission-paying customers | Photo: PR/Danske Bank
by PHILIP MADSEN

Investment fund savers at Danske Bank have been charged as much as DKK 12,000 (EUR 1,610) for six podcast episodes a year, which are publicly available to anyone, Danish business daily Børsen reports. 

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