Danske Shareholders Look to Brighter Future After Purge of Board
- Investors highlight work to be done while welcoming new chair
- Danske Bank’s shares plunged as laundering scandal unfolded
Karsten Dybvad
Photographer: Carsten Snejbjerg/BloombergThis article is for subscribers only.
Danske Bank A/S shareholders, who’ve lost more than 40 percent on their investment this year, are looking to a brighter future after the lender took another step to purge its leadership.
Denmark’s largest bank on Friday replaced its chairman, following October’s ouster of its chief executive officer, as it seeks to atone for its role in one of Europe’s biggest money laundering scandals.