One Chart Shows the Nasty October Drop for Danske

One Chart Shows the Nasty October Drop for Danske

(Bloomberg) -- Danske Bank A/S has lost roughly 15 percent of its value this week, including a tenth on Friday alone, as the fallout of its Estonian money laundering scandal turns Denmark’s biggest lender into the year’s worst financial stock in Europe. Jyske Bank estimates that Danske may now be facing a fine of about $1.8 billion, while warning the figure could well be higher.

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