Since admitting it failed to properly screen 200 billion euros ($222 billion) in non-resident flows through Estonia, Danske has become the target of multiple criminal investigations. Investors are now bracing for hefty fines.
STOCKHOLM: Danske Bank A/S is offering 2,000 of its employees in Denmark the option of stepping down as the cost of adapting to a world with stricter regulations and negative interest rates just keeps growing.
Staff have until the end of January to decide, according to an emailed comment sent by the bank on Monday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
