Danske Bank Head of Business Banking Lars Morch Resigned

Danske Bank executive leaves amid criticism over Estonian money-laundering controls

A senior Danske Bank <DANSKE.CO> executive quit on Thursday after the lender found there should have been an earlier and more thorough investigation into alleged money laundering at its Estonian branch.

Name: Lars Morch

Continent: Europe

Country: Denmark

Company: Danske Bank

Branch: Bank

Position: Head of Business Banking

Reason: Resigned

Announcement Date: April 04, 2018, 10:00pm

Resignation Date: April 04, 2018, 10:00pm

Source 1: https://www.reuters.com/article/danske-bank-moneylaundering/update-3-danske-bank-executive-exits-over-estonian-money-laundering-controls-idUSL5N1RI19F