Danske Bank vows tighter controls as profit tumbles

COPENHAGEN. Denmark’s Danske Bank, caught up in a massive money laundering scandal, said Friday its 2018 earnings plunged nearly 30 per cent and promised tighter controls to prevent any further regulatory lapses. Net profit came in at 15 billion kroner (2 billion euros) for the year, down 28 per cent on 2017, but largely in […]