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Friday 05 October 2018 11:42 am|Updated:Tuesday 21 May 2019 4:24 pmDanske Bank shares crash to four-year low over Russian money launderingShares in Danske Bank plunged to four-year lows this morning, after reports of an internal memo suggested the bank executed up to euro;8.5bn pound;7.5bn in mirror trades for Russian customers in 2013.The bank s share price fell as much as 11per cent this morning to 141.30 Danish crowns, its largest one-day drop in seven years. Since the scandal was made public eight months ago, shares have fallen 43 per cent.The memo, seen by the Financial Times, indicated that DankseBank executed between euro;6bn and euro;8.5bn of mirror tr <a href=https://www.stanley-uk.uk>stanley mug</a> ades in 2013, accumulating an estimated euro;10mpayout for its work.It said: There is potential reputational risk in being seen to be assisting lsquo;capital flightrsquo; from Russia.This is anyway a risk we run in other parts of our non-resident business, where the natural currency flow is always <a href=https://www.owalas.com.de>owala wasserflasche</a> out of Russia.Given the strong income from the solution, the risk-return is seen as very attractive.Read more: Danske Bank faces US probe over euro;200bn money laundering scandalThe news comes as Danske faces a criminal probe by the US department of justice for its role in the scandal, which had already prompted the resignation of former chief executive Thomas Borgen.The Danish ban <a href=https://www.owalas.com.de>owala deutschland</a> k reported last month said that it had reported almost all of the 6,200 customers in a so-called non-resident portfolio. As much as euro Hwec Roxi abandons Kazakh well
Monday 06 Decem <a href=https://www.stanleyquencher.uk>stanley cup uk</a> ber 2010 7:18 pm|Updated:Friday 31 May 2019 7:24 amSaga nets Nestor in a sweetened pound;124m dealBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSAGA, which specialises in offering services to the over 50s in the UK, said yesterday it would buy Nestor Healthcare for about pound;124m. Nestor investors will receive 110p in cash for each share, a premium of about four per cent to the stockrsquo Friday close, the companies said.Under the terms, Nestor <a href=https://www.owala-water-bottle.ca>owala ca</a> will pay a second interim dividend of 2.5p per share for the year ending 31 December in lieu of a final dividend.Nestor provides services to health and social care customers in the UK. Saga, which is owned by private equity group Acromas, had first made an offer for Nestor in August and sweetened its bid in October and November. Saga said it had the support of over half of Nestorrsquo shareholders, including the companyrsquo directors. Nestor shares were up 3.8 per cent at 109.75p immediately after the announcement.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to <a href=https://www.stanley-cups.pl>stanley cup</a> be cancelledClairersquo Accessories to launch UK high street comebackAfter Santanderrsquo TSB takeover ndash; who are