|Bid||212.70 x 0|
|Ask||212.90 x 0|
|Day's Range||212.80 - 217.00|
|52 Week Range||212.80 - 259.50|
|PE Ratio (TTM)||9.69|
|Forward Dividend & Yield||10.00 (4.57%)|
|1y Target Est||N/A|
The shipping industry has long been criticised by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Norway's $1 trillion Oil Fund, a leader in ethical investing, in February sold its stake in four firms because they scrap on the beach. Three of the firms excluded by Norway's fund - Taiwan's Evergreen Marine, Precious Shipping (PSL.BK) and Thoresen Thai Agencies (TTA) (TTA.BK) of Thailand - say they have been unfairly singled out.
Danske Bank A/S (CPSE:DANSKE) is a large-cap stock operating in the banking sector with a market cap of Ø189.88B. Though large banks may have a “too big to fail” characteristic,Read More...
PARIS/MUNICH (Reuters) - European governments vowed on Wednesday to try to shield their improved economic ties with Iran from the impact of renewed U.S. sanctions, but business leaders struck a more pessimistic note. The EU said it remained committed to the 2015 Iran nuclear deal and the suspension of its own sanctions, the day after President Donald Trump announced Washington's withdrawal from the pact. Siemens is still "assessing the implications of the Iran decision", the German industrial giant's Chief Financial Officer Ralf Thomas told reporters on a call.
Moody's Investors Service (Moody's) has today assigned (P)Baa1 junior senior ratings to the EMTN programme of Danske Bank A/S (Danske). This rating action follows the draft Danish creditor hierarchy legislation, presented on 14 March 2018, which introduces the non-preferred senior (junior senior) debt class and is expected to take effect as of 1 July 2018.
Denmark's financial watchdog said on Thursday it had found "serious weaknesses" in Danske Bank's (DANSKE.CO) governance after investigating management and senior employees as part of an anti-money-laundering probe into the bank's Estonian branch. It concluded Denmark's biggest bank was exposed "to significantly higher compliance and reputational risks than previously assessed" and that it now would assess the bank's capital requirements. "The case has uncovered serious weaknesses in the bank's governance in a number of areas," the Financial Supervisory Authority (FSA) said in a statement.
The dollar edged lower against major currencies in early European trading, paring some of its gains after the Fed left interest rates on hold but continued to point to gradual rate rises ahead.
The chief executive officer of Danske Bank A/S has apologized for management’s failure to prevent criminals from using his firm to launder billions of dollars in illicit funds over several years. The Danish government said management’s failings were “unforgivable” and the central bank warned that the reputation of the whole country was at risk. “I’m very sorry on behalf of all stakeholders,” Danske CEO Thomas Borgen said in a phone interview.
Danske Bank (DANSKE.CO), Denmark's largest bank, said on Thursday it would scale down its business in the Baltic countries. The change is not a reaction to the ongoing investigations by the Estonian Financial Services Authorities and others, but part of the bank's overall strategy, Chief executive Thomas Borgen told broadcaster TV2 News. "Over time, this will reduce the size of our business in the Baltic countries," the bank said.
Danske Bank CFO Jacob Aarup-Andersen discusses the bank's earnings and performance, and talks about wealth management. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
Danske Bank A/S was rapped over the knuckles by the Danish regulator for failing to ensure its wealth management robot lives up to investor protection rules.
As a large, commercial bank with a Ø199.11B market capitalisation, Danske Bank A/S (CPSE:DANSKE) takes on risky loans by nature of its operations and incurs credit risk. During the GlobalRead More...
COPENHAGEN (Reuters) - Danske Bank's (DANSKE.CO) head of Baltic Business Banking Tonu Vanajuur has left the bank, he said in a post on the social network Linkedin. His post on Saturday came two days after ...
Danske Bank said it’s appointing a new chief financial officer and expanding its executive board, as well as merging its personal and business banking units into regional organizations, in the wake of ...
A senior Danske Bank (DANSKE.CO) executive quit on Thursday after the lender found there should have been an earlier and more thorough investigation into alleged money laundering at its Estonian branch. The departure of Lars Morch, responsible for the Baltic operations of Denmark's biggest bank since 2012, comes during an internal investigation into the Estonian operations due to be completed by September. The case is one of several highlighting alleged money laundering issues in the Baltic states as authorities clamp down on conduits for illicit funds linked to Russia.
Danske Bank said that Lars Morch has resigned from his position as member of the executive board amid a probe into money laundering in Estonia.
Several Danske Bank (DANSKE.CO) shareholders voiced discontent on Thursday with the bank's alleged flaws in preventing money laundering in the past at its Estonia branch. Estonia's Financial Supervisory Authority (FSA) said last month it would look into whether Denmark's biggest bank knowingly withheld information from the FSA during a series of inspections it conducted at the Estonian branch in 2014. "Given the seriousness of the case, the board should have reacted faster and initiated an investigation earlier," Claus Wiinblad, senior vice president at Denmark's largest investor, pension fund ATP, said at Danske Bank's annual general meeting on Thursday.
For months, Danske Bank A/S investors treated revelations of money laundering at its Estonian unit with impressive equanimity. But this week that changed.
TALLINN/COPENHAGEN (Reuters) - Estonia's financial regulator said on Tuesday it would launch an investigation into Danske Bank's (DANSKE.CO) local branch after media reports said the lender had been aware of money laundering allegations at the unit as far back as 2013. Danske had no immediate comment on the move by the Estonian regulator. The Financial Supervisory Authority said in a statement it would look at whether Danske Bank knowingly withheld information from the regulator during a series of inspections it conducted at the bank's Estonian branch in 2014.
Governments and central banks in the Nordic and Baltic countries have signed a memorandum of understanding to cooperate and coordinate on cross-border financial stability, replacing an earlier deal from 2010, Norway said on Friday. The memorandum is not legally binding, however, Norway's central bank, the finance ministry and the financial supervisory authority said in a joint statement. "The Nordic and Baltic countries have common financial stability interests stemming from potential systemic inter-linkages between their respective countries, justifying enhanced cooperation and coordination in maintaining financial stability," they wrote.
COPENHAGEN (Reuters) - Banking rules agreed by global regulators in the Basel Committee in December could increase the total of Danish banks' capital requirements by 34 percent or 78 billion crowns (9.34 ...