Analysts say Danske Bank fines could hit $8 billion in money laundering scandal
Danske Bank, Denmark’s biggest lender, has been rocked by a money-laundering scandal which may have involved $235 billion.
If the bank is found guilty of any wrongdoing it will likely face a significant fine.
One estimate suggests the fine could be as high as 53 billion Danish krone ($8.3 billion), while others believe somewhere in the hundreds of millions of dollars is more likely.
Business Insider
Danske Bank’s Mea Culpa Over Suspicious Payments May Not End Its Troubles – The New York Times
https://www.nytimes.com/2018/09/19/business/dealbook/danske-estonia-thomas-borgen.html