5th April 2018
A senior Danske Bank (DANSKE.CO) executive quit on Thursday after the lender found there should have been an earlier and more thorough investigation into alleged money laundering at its Estonian branch. The departure of Lars Morch, responsible for the Baltic operations of Denmark’s biggest bank since 2012, comes during an… Read More
28th March 2018
The European Central Bank has revoked the licence of small Estonian bank Versobank AS over failures to remedy regulatory breaches in areas such as money laundering, the Estonian financial watchdog said. The action taken against Versobank comes as the Baltic states’ leaders prepare for a summit with U.S. President Donald… Read More