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Danske Bank hires 2,700 to cope with digital age

Bloomberg Danske Bank A/S hired 2,700 people last year as part of a strategy it says will help it cope with the digital age. In an industry relying increasingly on robots, adding headcount isn’t a given. Danske Chief Financial Officer Jacob Aarup-Andersen says management is building up its technology department, adding staff to areas such as the “customer experience.” Net ...

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Norway DNB sees investors lining up for bail-in bonds

Bloomberg The European bank with the most capital relative to total assets is DNB ASA of Norway. That pedigree will make it easier to sell a new kind of senior debt that’s designed to absorb losses if issuers get into trouble, according to the bank. “We don’t think that will be a big challenge or problem for DNB due to ...

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Whole Foods’ 365 chain moving ahead under Amazon’s watch

Bloomberg Whole Foods Market’s lower-priced offshoot chain, whose future was questioned after Amazon.com Inc. took control of the company in 2017, is cautiously plowing ahead. The business, known as 365 by Whole Foods Market, opened its latest store this week in Brooklyn—its first location on the East Coast. And the division is still signing leases and plans to open at ...

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