Danske scandal reveals top-down culture that silenced bankers

Denmark’s biggest bank spent years locked in a top-down hierarchy that left its management cut off from people further down the organization, according to Jesper Berg, the director general of the Danish Financial Supervisory Authority.

COPENHAGEN: The bank at the centre of Europe’s worst ever money laundering scandal has yet to fully address the corporate culture issues that led it astray in the first place.

That’s according to the watchdog that oversees Danske Bank A/S.