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Nordea Bank Risks Almost $1 Billion Fine in Denmark Money Laundering Case
Insurance Journal· 2026-11-06 19:57
Nordea Bank Abp is facing a potential 6.6 billion-krone ($988 million) penalty as a Danish court prepares to rule in a case over failures to prevent money laundering that go back more than a decade.The case marks the first time a money-laundering investigation against a bank has gone to court in Denmark, where previous incidences have been settled. Prosecutors are seeking the fine related to 26 billion kroner ($3.9 billion) of transactions from 2012 to 2015, mainly through one Nordea branch in Copenhagen. N ...