At pan-Nordic banking group Nordea, the responsible investment (RI) committee has taken the decision that its mutual fund managers may purchase the equities of Denmark's largest bank, Danske Bank. This is despite the ongoing money-laundering case involving the Danish bank's Estonian branch, head of Nordea Invest, Eric Pedersen, tells Danish business daily Børsen.
Pedersen says the RI committee has had discussions on whether to quarantine the equity since Danske Bank published its internal report on the money-laundering problem. In addition, the panel held a meeting with Danske's chair, Ole Andersen.
Already a subscriber? Log in.
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.
- Access all locked articles
- Receive our daily newsletters
- Access our app