Danske Bank expects US$2bn in fines over ?200bn laundering case

Denmark's Danske Bank says it will likely pay around DKr15.5 billion (US$2 billion) to settle with US and domestic authorities over alleged laundering of up to ?200bn (US$15.6 billion) by non-resident customers of its Estonia branch between 2007 and 2015.

Denmark's Danske Bank says [1] it will likely pay around DKr15.5 billion (US$2 billion) to settle with US and domestic authorities over alleged laundering of up to ?200bn (US$15.6 billion) by non-resident customers of its Estonia branch between 2007 and 2015. [2]