Danske Bank settles AML probe for $2bn as SEC finds ‘inadequate’ risk management

Denmark’s largest bank Danske Bank has agreed to pay more than $2bn to settle US regulatory investigations into money laundering breaches at its former branch in Estonia.

In a hearing before a US court in Manhattan this week to accept the plea, Danske Bank admitted to a charge of bank fraud consp...

Want to read this article?

Register for ultimate access to this article and ALL our premium content


  • Unrestricted access to Commercial Risk, Commercial Risk Europe and Global Risk Manager news, exclusive expert analysis and opinion
  • Breaking news, daily and/or weekly Commercial Risk Europe newsletters and regular digital publications
  • Breaking news, weekly and monthly Global Risk Manager newsletters and quarterly digital Journal
  • European and global surveys, rankings and special reports
  • National European local language newsletters
  • Preferential access to webinars and virtual and physical conferences

If you are already a registered user or subscriber you can LOGIN below for ultimate access:

Back to top button