Danske Bank CEO quits over $234 bln money laundering scandal

By Jacob Gronholt-Pedersen and Teis Jensen COPENHAGEN, Sept 19 : Danske Bank’s chief executive Thomas Borgen resigned on Wednesday after an investigation revealed payments totalling 200 billion euros ($234 billion) through its small Estonian branch, many of which the bank said were suspicious. The Danish bank detailed compliance and control failings amid growing calls for […]

Bank of England prepared for wide range of Brexit outcomes – BoE’s Carney

By Padraic Halpin DUBLIN, Sept 14 : The Bank of England and Britain’s largest banks are well prepared for a disorderly Brexit but uncertainty about the economic outlook is holding back pay growth, Bank of England Governor Mark Carney said on Friday. British media had reported late on Thursday that Carney had warned senior ministers […]