Denmark Bolsters Defenses Against Wider Danske Bank Risks

Denmark Bolsters Defenses Against Wider Danske Bank Risks
Danske Bank sign is seen at the bank's Estonian branch in Tallinn, Estonia on Aug. 3, 2018. Ints Kalnins/Reuters
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COPENHAGEN—Denmark has bolstered defenses against shocks to its financial system after a risk-assessment body said the sector’s stability could be threatened by the Danske Bank money-laundering scandal.

Danske Bank’s CEO resigned last week after an inquiry revealed that 200 billion euros ($235 billion) of payments had been moved through its Estonian branch over a period of eight years, with many of the transactions said by the bank to be suspicious.