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Tuesday, April 30, 2019

Danske Bank cuts outlook as money laundering scandal weighs

Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector.


from Reuters: Business News https://reut.rs/2DGGzH6

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Prada to buy rival fashion brand Versace for $1.36bn

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn). from BBC News https://ift.tt/IF1bAUd