Bloomberg The ousted chief executive of Danske Bank A/S, Thomas Borgen, has been personally targeted in an investor lawsuit arguing he withheld information about potential money laundering that subsequently destroyed the lender’s market value. Deminor, a Brussels-based law firm, said it has filed a legal complaint against Borgen on behalf of 155 institutional investors seeking damages of 358 million euros ...

Bloomberg UBS Group AG Chairman Axel Weber said markets are underpricing the risk that the coronavirus poses to the global economy. “There is going to be quite a bit of impact that is going to go beyond the first quarter and that is where fiscal response, providing businesses with some tax relievers, some emergency funding, that is going to be ...

Bloomberg Banque Misr SAE is seeking to borrow $250 million from international lenders this year to boost financing at home, while it presses on with plans to expand into three countries it’s targeting in sub-Saharan Africa. Egypt’s second-largest state-owned lender will use the debt to finance small- and medium-size enterprises, among other purposes, Chairman Mohamed Eletreby said in an interview. ...