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Danish bank's CEO quits over $234 bn money laundering scandal
short by Krishna Veera Vanamali / on Wednesday, 19 September, 2018
Denmark's largest lender Danske Bank's CEO Thomas Borgen resigned on Wednesday following an investigation into payments of about $234 billion through the bank's Estonian branch, many of which were suspicious. "It is clear that Danske Bank has failed to live up to its responsibility in the case of possible money laundering in Estonia. I deeply regret this," Borgen has said.
read more at Reuters