Thomas Borgen

22 results

Denmark’s state prosecutor last week filed preliminary criminal charges against Danske Bank for alleged violations of the country’s anti-money laundering act in relation to its Estonian branch.

The State’s procurement office, which earlier this year selected Danske Bank to provide day-to-day banking services to the Government, has said it con(...)

The change follows a scandal that involved €200 billion in payments through Danske’s Estonian branch between 2007 and 2015

Danske Bank’s largest shareholder, the Maersk family, has ousted the lender’s chairman after a money laundering scandal that has also forced out its c(...)

According to Danske bank’s updated factbook, it lost about 8,000 customers in Denmark last quarter, as Danes learned the full scope of the laundering scandal

Danske Bank’s interim chief executive said that it was too early to assess what damage Denmark’s largest lender had sustained from a €200 billion mone(...)

Shares in Danske have fallen 34 per cent over the last seven months. Photograph: Reuters

Danske Bank is facing a criminal investigation by US federal prosecutors into its €200 billion money laundering scandal, raising the possibility of a (...)

The head of Danske Bank’s wealth management unit, Jacob Aarup-Andersen, has been named by some  as a likely new chief executive. Photograph: Jacob Gronholt-Pedersen/Reuters

Danske Bank on Monday appointed Jesper Nielsen, a member of its executive board and head of its Danish banking business, as interim chief executive a(...)

Danske said its headquarters in Copenhagen and its Estonian branch failed for years to prevent suspected money laundering. Photograph: Mads Claus Rasmussen/EPA

The Republic’s procurement office has said it is monitoring the unfolding money-laundering scandal at Danske Bank, months after picking the Danish gro(...)

Danske has admitted that a large part of about €200 billion, or $235 billion, that flowed through an Estonian unit between 2007 and 2015 may have been laundered. Photograph: Ints Kalnins/Reuters

As multiple investigations into Danske Bank A/S get under way, Denmark’s gover nment wants to know why the bank’s auditors appear to have missed sign(...)

Tesco chief executive Dave Lewis strides the aisle of the company’s new discount store Jack’s in Chatteris, near Cambridge. Photograph: Daniel Leal-Olivas/AFP

Image of the week: Jack’s Union Jacks Every drop of fresh milk in Tesco-owned Jack’s is British, got that, British? Union Jacks adorn the aisles of t(...)

Photograph: iStock

Global equities rallied for a second straight day on Wednesday while safe-haven assets such as US bonds and the Japanese yen slipped to multi-week low(...)

Thomas Borgen has resigned as a result of money laundering scandals, Danske Bank said. Photograph: Ritzau Scanpix/via Reuters

Danske Bank’s chief executive Thomas Borgen resigned on Wednesday after an investigation revealed payments totalling €200 billion through its small Es(...)

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