Danske Bank could be fined $8 billion after its huge money laundering scandal, analysts say

REUTERS/Ints Kalnins Danske Bank, Denmark’s biggest lender, has been rocked by a money-laundering scandal which may have involved $ 235 billion. If the bank is found guilty of any wrongdoing it will likely face a significant fine. One estimate suggests the fine could be as high as 53 billion Danish krone ($ 8.3 billion), while others believe […]

ING and Danske Bank are in the spotlight for their handling of dirty money

A LINGERIE trader, a building-materials supplier and two fruit-and-vegetable importers are all accused of laundering hundreds of millions of euros through their accounts with ING, a big Dutch bank, between 2010 and 2015. Its accounts were also used by a telecoms company, VimpelCom (now VEON), to pay $ 55m in bribes in order to operate […]