Danske Bank, Apple Bill, Chinese Retaliation: CEO Daily for September 19, 2018

Good morning. David Meyer here in Berlin, filling in for Alan.

The CEO of Denmark’s largest bank has fallen on his sword over one of Europe’s worst-ever money laundering scandals.

Danske Bank’s slack controls allowed its Estonian operations to be used for money laundering for eight years, from 2007 through 2015. That’s the conclusion of investigations that the bank commissioned from an external law firm.

In conjunction with the release of those findings, CEO Thomas Borgen announced...

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