COPENHAGEN—Danske Bank’s deepening money laundering scandal dragged its shares to a four-year low on Oct. 5 as Denmark’s biggest bank sought to calm investors over the impact of a U.S. criminal investigation into its Estonian branch.
Morten Mosegaard, the bank’s interim chief financial officer, said the involvement of the U.S. Department of Justice (DOJ) in an inquiry into alleged money laundering is very different to the case of Latvia’s failed ABLV.
