About 60 investors have sued Danske Bank for 1.5 billion crowns ($224 million) o...
) for 1.5 billion crowns over alleged money laundering, their lawyers said on Friday, the third such case to hit Denmark’s biggest lender.
Danske Bank said it would defend itself against the lawsuit and that it had no information about the timing of the case. “We will defend ourselves against the demands and deal with any development in collaboration with the bank’s lawyers,” Danske said in a statement. The investors, including pension funds, insurance companies and asset managers from at least 12 countries, are represented by the International Securities Associations and Foundations Management Company for Damaged Danske Investors .
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