|Bid||243.30 x 0|
|Ask||243.50 x 0|
|Day's Range||242.25 - 245.60|
|52 Week Range||222.70 - 259.50|
|PE Ratio (TTM)||11.26|
|Earnings Date||Feb 2, 2018|
|Forward Dividend & Yield||1.30 (3.32%)|
|1y Target Est||276.29|
Rating Action: Moody's withdraws ratings of Danske Bank Plc. Global Credit Research- 29 Dec 2017. London, 29 December 2017-- Moody's Investors Service, has today withdrawn Danske Bank Plc's Aa3/Prime-1 ...
Denmark's top lender Danske Bank (DANSKE.CO) said Thursday it had been fined 12.5 million Danish crowns (£1.45 million) for violating anti-money laundering rules in relation to illegal activities at its overseas branches. The bank also said it was examining whether its Lithuanian and Latvian branches had been involved in money laundering, expanding an investigation beyond its Estonian operations. Denmark's financial regulator reported Danske Bank to the police last year for violating anti-money laundering rules and reprimanded the bank for not identifying or reducing "significant money laundering risks" in its Estonia branch.
** Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock as the world's largest entertainment company seeks even greater scale to combat growing digital rivals Netflix Inc and Amazon.com Inc.
Danske Bank has agreed to buy the Danish pension assets of Sweden's SEB in a $1 billion (£0.7 billion) deal to create Denmark's largest private pension fund. Danske Bank said the purchase would bring its market share to 19.2 percent, surpassing the current market leader PFA. According to figures from lobby group Insurance & Pension, Danske Bank's pension unit Danica Pension had a market share of 13.4 percent in 2016.
MILAN/LONDON (Reuters) - Persistent weakness in tech stocks outweighed strong financials on Monday, while a climb in the euro dented euro zone markets, leaving the pan-European STOXX 600 index 0.1 percent lower. Also weighing were utilities and telecoms, two sectors which tend to underperform when interest rates rise, making their steady dividend flows less attractive. Relief after last week's deal on new global banking rules also helped banks give a boost to European markets.
In just over half a year, Danske Bank A/S has attracted 11,500 clients to an investment service provided by a robot. Denmark’s biggest financial firm now hopes the project will help it expand its wealth ...
European stocks rallied to a week's high on Friday as Britain and the European Union announced a breakthrough in Brexit negotiations and new global banking regulations appeared kinder to European banks than had been expected. The European Commission said enough progress had been made after it worked through the night with the United Kingdom to end an impasse over the status of the Irish border, which had scuppered an earlier attempt to clinch a deal on Monday. "This appears to be a far better outcome than we and the market had feared," wrote Citi analyst Simon Nellis, keeping his "overweight" rating on European banks.
New banking rules agreed by global regulators in the Basel Committee on Thursday could have "a big impact" on Denmark's banks, the Danish government said. Capital requirements for the largest banks could increase by up to 83 billion crowns (9.69 billion pounds)once the new rules are fully phased in, an increase of 36 percent from already known future requirements, the business ministry said. The increase is largely due to the so-called output floor, which the Basel Committee on Thursday proposed should start at 50 percent in 2022 and then rise gradually to 72.5 percent by Jan. 1, 2027.
Declines in health and tech stocks weighed on European shares on Thursday following an outlook cut from Coloplast, as forecast-beating results from Credit Suisse and Danske Bank limited losses. Britain's FTSE 100 (.FTSE) index bucked the trend, closing 0.9 percent higher as sterling dropped after the Bank of England raised rates for the first time in more than a decade. "UK stocks rallied but this looks to reflect almost entirely the currency move: they underperformed overseas equities in common currency terms," Toby Nangle, head of multi-asset, EMEA, at Columbia Threadneedle Investments, said in a note.
The following financial services industry appointments were announced on Monday. To inform us of other job changes, email firstname.lastname@example.org. DANSKE BANK Richard Griffiths, head of loan syndication ...
Oberbank on Thursday said it had signed a deal with Iran, enabling it to finance new ventures there and making it one of the first European banks to do so since sanctions were eased. The deal Tehran struck in 2015 with six major powers lifted many sanctions against the country in exchange for restrictions on its nuclear activities and paved the way for international business deals. U.S. President Donald Trump has created new uncertainties over the U.S. stance towards the Iran nuclear agreement.
Rating Action: Moody's upgrades Danske Bank's long-term senior debt ratings to A1 from A2 and long-term deposit ratings to Aa3 from A1. Global Credit Research- 16 Aug 2017. London, 16 August 2017-- Moody's ...
Announcement: Moody's: Danish banks' MREL targets mostly coverable from existing capital. Global Credit Research- 25 Jul 2017. Frankfurt am Main, July 25, 2017-- Danish banks' existing capital will be ...