|
Danske Bank said last month it faced a U.S. criminal
investigation into as much as 200 billion euro ($230 billion) of
suspicious transactions at its Estonian branch between 2007 and
2015. The scandal has rocked investor faith in Denmark's biggest
lender and forced its chief executive and chairman to quit.
The Bloomberg report said that there were no signs that Deutsche
Bank <DBKGn.DE>, Bank of America <BAC.N> and JPMorgan <JPM.N>,
which were correspondent banks for Danske's Estonian branch,
were themselves targets for the investigation.
It said the examination of whether the three banks gave
appropriate scrutiny to the Estonia transactions was part of the
broader investigation of Danske led by the U.S. Justice
Department and prosecutors from the Manhattan U.S. attorney's
office.
The Securities and Exchange Commission and the U.S. Treasury
Department are also investigating the Danske Bank transactions
through the global banks, Bloomberg said.
Deutsche Bank, Bank of America and JPMorgan declined to comment
when asked about the Bloomberg report by Reuters.
JPMorgan stopped clearing dollar transactions out of Danske's
Estonian branch in 2013 because of money laundering concerns,
Bloomberg said. Deutsche and Bank of America stopped in 2015, it
said.
Danske Bank, which declined to comment on the report, also faces
criminal investigations in Denmark and Estonia.
(Reporting by Teis Jensen; Editing by Jacob Gronholt-Pedersen/Keith
Weir)
[© 2018 Thomson Reuters. All rights
reserved.] Copyright 2018 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
 |
|
