Danske Bank Chief Resigns Amid Money Laundering Scandal

Danske Bank’s chief executive, Thomas Borgen, has resigned after an investigation confirmed potential money laundering of roughly €200 billion through the bank’s Estonian branch. Denmark’s biggest lender said “major deficiencies” in control and governance systems [...]

By |2021-04-08T14:52:17-07:00September 24, 2018|Blog|Comments Off on Danske Bank Chief Resigns Amid Money Laundering Scandal

Parmalat’s Shareholders: Who Moved My Cheese?

For the second time in the past decade, Italian dairy producer Parmalat is in the crosshairs of criminal and regulatory investigations, and now must face angry minority shareholders at the annual meeting at the end [...]

By |2021-04-08T14:56:43-07:00June 11, 2013|Blog|Comments Off on Parmalat’s Shareholders: Who Moved My Cheese?