Tiny Estonian unit of Danske Bank is focus of latest European money-laundering scandal
(WorldNews Denmark)

Business Tiny Estonian unit of Danske Bank is focus of latest European money-laundering scandal A branch of Denmark`s Danske Bank in Tallinn, Estonia, in 2017. (Raigo Pajula / AFP/Getty Images) Danske Bank, the largest financial institution in Denmark, is at the center of yet another European money-laundering scandal. And at the epicenter is its tiny Estonian unit, which the bank reported on Wednesday handled as much as $234 billion of funds between 2007 and 2015 — a figure that’s almost nine times the Baltic nation’s gross domestic product. Advertisement Even worse: A big chunk of those money flows may involve laundering, the bank’s chairman admitted in a broadcast...