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Danske Bank A/S (DANSKE.CO)

DANSKE.CO on Copenhagen Stock Exchange

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Thu, Jul 18 2019

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Danske Bank profit hit by higher costs, low interest rates

Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher costs associated with compliance following a money-laundering scandal at its Estonian branch.

Danske Bank profit hit by higher costs, low interest rates

Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher costs associated with compliance following a money-laundering scandal at its Estonian branch.

UPDATE 1-Danske Bank profit hit by higher costs, low interest rates

* Second-quarter lending grew by 2% (Adds CEO comment, details, bullets)

Danske Bank Q2 pre-tax profit hit by costs, low interest rates

July 18 Danske Bank's second-quarter pretax profit came in below expectations on Thursday hit by low interest rates and higher costs associated with compliance in the aftermath of a money-laundering scandal at its Estonian branch.

Danske Bank hires compliance officer from HSBC

COPENHAGEN, July 9 Danske Bank, entangled in a massive money laundering scandals, has appointed Simon Kingsbury as head of surveillance and investigation from HSBC, the bank's head of compliance Philippe Vollot wrote on LinkedIn.

Danske Bank ousts former interim CEO after customers overcharged

COPENHAGEN Danske Bank has dismissed its former interim chief executive Jesper Nielsen after thousands of Danish customers were overcharged for an investment product, a first step by its new boss to restore trust in the troubled lender.

Danske Bank ousts former interim CEO after customers overcharged

COPENHAGEN Danske Bank has dismissed its former interim chief executive Jesper Nielsen after thousands of Danish customers were overcharged for an investment product, a first step by its new boss to restore trust in the troubled lender.

UPDATE 3-Danske Bank ousts former interim CEO after customers overcharged

* New CEO took charge at start of June (Adds investigation by public prosecutors)

Danske Bank dismisses head of Danish banking activities

COPENHAGEN, June 24 Danske Bank said on Monday it had dismissed the head of its Danish banking activities, Jesper Nielsen, who was also the bank's former interim chief executive, after customers paid fees that were too high for an investment product.

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal

COPENHAGEN Danske Bank, which is trying to recover from a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million), Estonia's LHV said on Monday.

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