AMWatch

Oil fund claims over half of total compensation in case against former Danske CEO

The class action suit against the former CEO of Danske Bank Thomas Borgen includes the oil fund, which has mounted a compensation claim that is as large as that of all the other plaintiffs put together.

Former CEO of Danske Bank Thomas Borgen | Photo: Stine Bidstrup/ERH

A class action suit against the former CEO of Danske Bank, Thomas Borgen, has made it into court.

Borgen is being personally sued by a group of 155 individual plaintiffs, who have made a total compensation claim of DKK 2.4bn (EUR 328m) for losses endured after Danske Bank’s share price plummeted in the wake of the money laundering scandal.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Titanbay fuels growth with new partnerships as competition heats up

The platform for private market funds has got fresh capital and new partners onboard, as the competition between companies trying to bridge the gap between private market funds and investors with limited access intensifies. The CEO of Titanbay tells AMWatch how the new partnerships will help the business to prosper.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch