Latest News for: Copenhagen banks

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Iceage on growing up: “The longer you live, the more nuance gets added to the palette”

NME 11 May 2021
But when it comes to delving into his lyrics – gleaned from his personal journals and written, as on 2018’s ‘Beyondless’, in a two-week isolation period in a friend’s work studio in a tower in central Copenhagen – for more personal revelations, his shutters come down as in a psychological bank raid.
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FOMO playing out in copper; industrial metal hits new peak

The Times of India 10 May 2021
LONDON ... "Momentum is king, it's a hot potato right now, and a lot of investors are looking at the market with despair if they're not involved and they're looking to get involved," said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen ... .
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World’s biggest jewelry maker will no longer use mined diamonds

Live Mint 04 May 2021
Despite decades of reform, the global jewelry market remains tainted by reports of human rights abuses at mines and factories ... 2 min read ... Premium Axis Bank trims stake in Yes Bank ... Pandora, which is based in Copenhagen, said on Tuesday it will now only use diamonds manufactured in laboratories ... Premium Premium Axis Bank trims stake in Yes Bank ... .
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Danish government tells banks to stop lowering negative rates

Business Day 03 May 2021
CopenhagenThe country with the longest history of negative interest rates just hit a milestone that may offer a glimpse of what’s to come elsewhere. In Denmark, commercial banks have had to absorb negative rates since they were first introduced by the central bank in 2012 ... Last week, the government in Copenhagen decided to step in.
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Danish prosecutors drop money laundering charges against former Danske Bank CEO

Metro USA 29 Apr 2021
COPENHAGEN (Reuters) – Danish prosecutors have dropped charges against former Danske Bank chief executive Thomas Borgen and two other senior executives as part of a money laundering investigation, business daily Borsen reported on Thursday citing their lawyers.
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Copper prices nearing $10,000 mark on Fed stimulus pledge

The Times of India 29 Apr 2021
By Eric Onstad. LONDON ... central bank to keep stimulus taps flowing and interest rates low. The U.S ... "It's just a question of time that we have another go at that magical, psychological level and then that will open up an attempt to reach the record highs from 2011," said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen ... .
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Copper retreats after breaking decade-old $10,000 level

The Times of India 29 Apr 2021
LONDON ... Copper and other financial markets got a boost after the U.S ... But the market was vulnerable from the weight of bullish investors piling in, said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen ... .
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Loss of third CEO leaves Danske shareholders reeling

Irish Independent 21 Apr 2021
Danske Bank has once again lost a chief executive, ushered out under yet another cloud of scandal ... Shares in Copenhagen-based Danske slid for a second day yesterday, with their 3.8pc decline putting the bank at the bottom of the Bloomberg index of European financial stocks.
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U.S. files lawsuit against Danske Bank, attorney says

Metro USA 20 Apr 2021
COPENHAGEN (Reuters) – The United States of America and the Federal Retirement Thrift Investment Board (FRTIB) have filed a lawsuit against Danske Bank and its former CEO in the Copenhagen city court, according to the attorney representing the parties ... A spokesman for the Danish bank could not confirm or deny the report, but said.
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BusinessU.S. files lawsuit against Danske Bank, attorney says

Reuters 20 Apr 2021
The United States of America and the Federal Retirement Thrift Investment Board (FRTIB) have filed a lawsuit against Danske Bank (DANSKE.CO) and its former CEO in the Copenhagen city court, according to the attorney representing the parties ... "Danske Bank intends to defend itself against these claims.
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FinanceNew Danske CEO to stick with strategy of departing Vogelzang

Reuters 20 Apr 2021
Carsten Egeriis, who was named as Danske Bank chief executive on Monday, said he plans to continue the strategy set out by his predecessor for Denmark's largest lender ... Egeriis, who worked for Barclays for a decade, joined Danske in 2017 as head of risk management, the same position held in his last year at the British bank in London.
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Danske Bank CEO resigns over money laundering investigation

Sina 19 Apr 2021
COPENHAGEN, April 19 (Xinhua) -- The Danske Bank, Denmark's largest bank and financial group, said on Monday its chief executive Chris Vogelzang has resigned after Dutch authorities identified him as one of the suspects ...
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New Danske CEO to stick with strategy of departing Vogelzang

Metro USA 19 Apr 2021
COPENHAGEN (Reuters) – Carsten Egeriis, who was named as Danske Bank chief executive on Monday, said he plans to continue the strategy set out by his predecessor for Denmark’s largest lender ... “I have led large teams both at Barclays in London and at Danske in Copenhagen,” Egeriis said in an interview.
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Danske Bank CE Chris Vogelzang quits after being named in bank probe

Business Day 19 Apr 2021
Copenhagen — The CEO of Denmark’s Danske Bank resigned on Monday after Dutch authorities named him as a suspect in an investigation into violations of money-laundering regulations at lender ABN Amro ... "However, given the special situation Danske Bank is in and the intense scrutiny the bank is under ...
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