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Daily Archives: 21st February 2019

21st February 2019

Danske Bank AT1: Mispriced for extension risk? | Trade Ideas

Danske Bank – The money laundering saga continues 

Danske Bank continues to be in the headlines with the ongoing money laundering scandal at its Estonian unit.   The bank’s shares have tumbled more than 50%+ in the last 12 months on uncertainty surrounding overall litigation and remedial costs.

The bank’s 2018 annual results do indicate the strength of its underlying franchise/business model and good credit profile.

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