trending Market Intelligence /marketintelligence/en/news-insights/trending/rFLA56pVPoL1hLIEa_Jpfg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Danske could face fines of 13.5B Danish kroner over money laundering

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Report: Danske could face fines of 13.5B Danish kroner over money laundering

The fines that Danske Bank A/S may have to pay due to its alleged involvement in money laundering could reach roughly 13.5 billion Danish kroner, or approximately $2 billion, Bloomberg News reported, citing estimates by Jyske Bank A/S.

Jyske Bank analyst Anders Vollesen expects fines related to the probe to increase Danish lender's annual operating expenses to 42.4 billion kroner, according to the report.

The lender is facing lawsuits in the U.S. and the U.K. and has been under investigation in connection to a $200 billion money laundering scandal involving its Estonian branch.

In December 2019, a group of about 60 international investors reportedly sued Danske over the bank's alleged ties to money laundering, the latest such lawsuit to trouble the Danish lender.

As of Jan. 3, US$1 was equivalent to 6.69 Danish kroner.