Hints and tips:
...Mr Nielsen was parachuted into the top job following the exit of Mr Borgen....
...Mr Sassoli and his socialists may well root for Ms Thorning-Schmidt rather than Mr Verhofstadt out of political loyalty....
...“So many British people have watched Borgen, but I think you should have paid more attention,” Mr Rasmussen joked, with reference to the Danish political TV drama....
...Mr Borgen was head of international banking — which included Estonia — from 2009 until 2012 before becoming chief a year later....
...Mr Blair and his moderates should listen to, rather than reject, genuine popular concerns if they want wider support. Damon Lambert Yalding, Kent, UK...
...Danske’s chairman also resigned and the bank is still searching for a replacement for Mr Borgen. Questions have been raised about what Mr Borgen knew about the scandal and when he knew it....
...Thomas Borgen, Danske’s former group chief executive, and Henrik Ramlau-Hansen, its former chief financial officer and a former chairman of Denmark’s financial regulator, are among the senior managers in...
...Mr Nielsen’s departure comes after his predecessor, Mr Borgen, was widely criticised for not paying enough attention to reports about activities in its Estonian branch from an internal whistleblower....
...Mr Borgen asked to discuss the matter outside “this forum” and stressed the need for a “middle ground”....
...Former chief executive Thomas Borgen announced in September that he would step down when a successor was found but he was ousted in October after shareholder outrage....
...From the latest financial statements (h/t Johannes Borgen):For the period from December 2017 to November 2020, Garth Ritchie will receive a monthly functional allowance of €250,000. Mr....
...Mr Borgen (pictured) referred instead to “the need for a middle ground”....
...Mr Borgen has denied wrongdoing. Deminor is not the only shareholder group to have concerns....
...Much of banking is highly competitive and no one is incentivised to look a gift horse in the mouth; Ms Bonnesen and Mr Borgen had both previously run their banks’ Baltics businesses....
...In October, the Danish financial regulator made the rare decision to block Danske’s chosen replacement for Mr Borgen....
...The report said that neither Mr Borgen nor Mr Andersen had breached legal obligations in their employment contracts....
...Asked if he had thought of resigning — as Danske’s chairman was eventually forced to — Mr Idermark said he had not....
...Mr Borgen referred instead to “the need for a middle ground”. A person familiar with the investigation called it a critical moment when Mr Borgen rejected calls to scale back the business....
...Mr Aarup-Andersen, long seen as Mr Borgen’s right-hand man, will continue as head of wealth management. Shares in Danske fell 2 per cent on Wednesday, having almost halved in the past eight months....
...Asked if they should receive such sums after so large a scandal, Mr Nielsen said: “It’s a board decision.”...
...Mr Nielsen has taken the reins after the scandal toppled former CEO Thomas Borgen. Mr Borgen was head of international banking, which included responsibility for Baltic banking, from 2009 until 2012....
...Mr Borgen said that despite the legal clearance, “I believe that it is best for all parties that I resign”....
...Mr Karlsson reiterated on Thursday that Swedbank had “no plans to reduce our presence in the Baltics”....
...Hermes EOS, the European shareholder adviser, is also encouraging Danske’s board to consider suing Mr Borgen and executive colleagues over the €200bn money laundering affair in Estonia, which forced his...
...Borgen, chairman Ole Andersen, or the board of directors....
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