Bloomberg Danske Bank A/S has built a capital buffer of as much as $2.7 billion to absorb potential fines as it deals with the fallout of its role in one of Europe’s worst ever money laundering scandals. Acting Chief Executive Officer Jesper Nielsen says the amount “significantly” exceeds what Denmark’s regulator has ordered Danske to hold in connection with the …

Bloomberg Mark Carney defended the publication of the Bank of England’s Brexit scenarios, telling Parliament that the institution couldn’t hold back its analysis once lawmakers had asked for it. The BOE had released a report on PM Theresa May’s deal and other Brexit outcomes. Its worst-case scenario for a chaotic exit sees the economy shrinking by 8 percent within a …

Bloomberg Barclays Plc’s plan to quickly move European business to Dublin in preparation for Brexit is one of the most ambitious yet and gaining plaudits from regulators, according to people familiar with the talks. The UK lender plans to book almost half its EU-related trading risk within the bloc by the time the UK leaves, according to people familiar with …