France Hits Danske With Formal Money Laundering Probe

Law360, London (February 8, 2019, 12:45 PM GMT) -- French authorities have placed Danske Bank under a formal investigation into suspected money laundering involving transactions totaling €21.6 million ($24.5 million), adding to scrutiny of the bank's activities by U.S., Danish and Estonian authorities.

France has put Danske Bank under a formal investigation into an alleged money laundering scandal involving €21.6 million ($24.5 million) in transactions, adding to recent worldwide scrutiny of the bank. (AP) Danske Bank A/S revealed on Thursday that it is being probed by an investigating judge at a Paris court. The formal investigation will examine allegedly suspicious transactions by the bank for foreign customers at its Estonian branch...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!