|Bid||92.80 x 0|
|Ask||92.82 x 0|
|Day's Range||92.24 - 93.86|
|52 Week Range||79.16 - 102.70|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||9.28|
|Forward Dividend & Yield||5.75 (6.03%)|
|1y Target Est||101.25|
COPENHAGEN/FRANKFURT, Nov 2 (Reuters) - Denmark is widening its investigation of a massive stock trading scam, as the state attempts to recover $2 billion of tax reclaims it was tricked into paying. The country's tax minister has asked the financial regulator to gather information from some large banks to help with the inquiry, as a series of probes around Europe into so-called dividend stripping gathers pace.
Denmark's tax minister has asked the Danish Financial Supervisory Authority (FSA) to investigate whether Danske Bank, Nordea and SEB have handed over all relevant material in a $2 billion tax probe. The tax ministry says it needs more information from the banks in order to advance its investigation into the alleged 12.7 billion Danish crown ($1.94 billion) fraud, which does not directly involve the banks. In its statement the tax ministry said the FSA would investigate whether the banks sent all relevant information related to Denmark's dividend tax to the authorities.
Sweden's Swedbank said on Thursday that there were no ongoing investigations into its anti-money laundering procedures, a day after its shares slumped on worries about cross-border transactions by banks in Estonia. On Thursday, Danske Bank said it was being investigated by the U.S. Department of Justice about non-resident accounts at its Estonian branch, the latest blow in a long-running scandal over lax money laundering controls at its local subsidiary. "There are currently no ongoing investigations into our bank from any of our regulators concerning anti-money laundering practices," Swedbank said in a statement.
Sweden's Financial Supervisory Authority said on Wednesday it had decided to hike part of the capital buffer lenders must hold to 2.5 percent of risk-weighted assets, due to increased risks in the banking system. "One indication that the risks in the financial system have increased is that the combination of low interest rates and low risk premiums," the FSA said in a statement. The FSA last raised the buffer - which moves up and down over time in relation to the perceived level of risk in the banking system - in March 2016 when it increased to 2 percent.
(Clarifies that data reference in paragraph 19 is to real wages) * Labour shortages leave firms reliant on foreign workers * Hitting many industries, from tech to healthcare * Major parties signal labour restrictions on foreigners * National election due on Sept. 9 * Big gains expected for anti-immigration Sweden Democrats By Esha Vaish, Johan Sennero and Johan Ahlander STOCKHOLM, Aug 1 (Reuters) - Uncertainty surrounds next month's Swedish election but one thing about its outcome seems clear: immigrants will find it harder to get jobs and the consequences will rebound on local businesses too. A shortage of qualified graduates and an ageing population are squeezing the supply of Swedish labour, leaving technology blue chips and blue-collar employers especially in need of more foreign workers.
Corruption allegations that led to the suspension of Latvia's central bank governor on Tuesday may be part of a disinformation campaign aimed at damaging trust in the country and influencing October elections, its Defence Ministry said. It did not say who might be behind what it called a "massive information operation from outside", but said it was "identical in structure and execution" to campaigns that preceded recent French, German and U.S. elections.