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Danske Bank shares fell the most More than two years after investors were disappointed by the results of the second quarter and the management has set aside funds related to money laundering crimes, while the Danish government warned that these funds would be confiscated.
The shares of the Copenhagen-based lender sank more than 11pc at a point on Wednesday, the most since June 2016.
Aside from the badysts' report, Danske said his earnings prospects for the company's business were "high". year were "Overall, we see this as a set of figures lower than expected," said Goldman Sachs in a customer note. "The directive excludes potential costs related to the renunciation of income from suspicious transactions in Estonia", Danske's office where the money laundering allegedly took place.
The largest Danish bank said it would repay about 1.5 billion DKK (201 million euros) Thanks to its profits, it helped to launder billions of dollars of illicit funds on several years. In Northern Ireland, the results for the six months up to the end of June 2018 show a pre-tax profit of £ 40.6m (€ 45m), a decrease of £ 17m from the previous year. the same period in 2016
Danske Bank is the most profitable company in Northern Ireland, ranking number one in the list of the 100 best companies of the 'Belfast Telegraph & # 39; for the last four years.
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