Danske Bank could be fined $8 billion after its huge money laundering scandal, analysts say

• Danske Bank, Denmark’s biggest lender, has been rocked by a money-laundering scandal which may have involved $235 billion.
• If the bank is found guilty of any wrongdoing it will likely face a significant fine.
• One estimate suggests the fine could be as high as 53 billion Danish krone ($8.3 billion), while others believe somewhere in the hundreds of millions of dollars is more likely.
• The bank has not yet been found to have done anything wrong, so a fine may not be levied at all.

The scandal surrounding the Estonian arm of Denmark’s biggest lender, Danske Bank, is one of the biggest in the read more >>>

Source:: BusinessInsider.Com