Bloomberg Danske Bank A/S admitted to fraud and will pay $2 billion to end a long-running US probe into money laundering at its Estonia branch, helping draw a line under the worst scandal in the bank’s recent history. The Danish lender pleaded guilty to conspiring to commit bank fraud and admitted providing banking services to suspicious customers — including in …

Bloomberg The European Central Bank (ECB) will let staff work remotely for 110 days a year — roughly half their time. The rules, which take effect from January 1, permit as many as 10 days a month away from desks. That’s stricter than the current system, under which employees must show up at the office at least eight days a …

Bloomberg The Indian rupee’s most appealing trait for traders is fast deteriorating, helping turn the currency into emerging Asia’s worst performer over the past month. Twelve-month implied rupee yields — typically a reflection of interest rate differentials with the US — fell to the lowest since 2009. That’s bad news for carry traders, who seek profits from capturing the difference …