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Topic

Danske Bank

Danske Bank lowers threshold for negative interest rates on deposits

Danske Bank lowers threshold for negative interest rates on deposits

Published 26 Apr, 2021 04:52pm
  • "We have experienced highly unusual interest rate levels for a long time now, and there is no prospect of this changing," Danske's head of personal customers, Mark Wraa-Hansen, said in a statement.
  • Danske said it would apply the same rate, -0.6%, as it currently charges. That reflects the rate the lender pays by depositing money at Denmark's central bank.
New Danske CEO to stick with strategy of departing Vogelzang

New Danske CEO to stick with strategy of departing Vogelzang

Published 19 Apr, 2021 06:14pm
  • Chris Vogelzang resigned unexpectedly after Dutch authorities labelled him as a suspect in a separate case at his former employer, ABN Amro.
  • "The plan is to fully continue the strategy that Chris Vogelzang and the rest of the management team have set out," Egeriis told Reuters after his appointment.
Risk currencies down in Europe

Risk currencies down in Europe

Updated 29 Jan, 2021 09:40am
LONDON: Riskier currencies such as the commodity-linked Australian dollar, Canadian dollar and the Norwegian crown...
Euro falls in Europe

Euro falls in Europe

Published 28 Jan, 2021 04:40am
LONDON: The euro fell on Wednesday, under pressure after a European Central Bank official said the bank was...
Upbeat EU soundings on Brexit nudge pound higher

Upbeat EU soundings on Brexit nudge pound higher

Published 16 Dec, 2020 05:48pm
  • The EU's chief executive said on Wednesday she could not say if there would be a trade deal with Britain but there had been progress and the next few days would be critical.
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