Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Oct 05, 2018

One Chart Shows the Nasty October Drop for Danske

(Bloomberg) -- Danske Bank A/S has lost roughly 15 percent of its value this week, including a tenth on Friday alone, as the fallout of its Estonian money laundering scandal turns Denmark's biggest lender into the year's worst financial stock in Europe. Jyske Bank estimates that Danske may now be facing a fine of about $1.8 billion, while warning the figure could well be higher.

To contact the reporter on this story: Eric Coleman in London at ecoleman4@bloomberg.net

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Sara Marley

©2018 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search