Wednesday , 17 December 2025

Recent Posts

Nordea sinks as investors fear more laundering allegations

Bloomberg Nordea Bank Abp sank as much as 6.5 percent on Monday ahead of report due to be broadcast this afternoon that will focus on the biggest Nordic lender’s alleged involvement in money laundering. The news appeared to drag down a number of other Nordic bank shares with DNB ASA, Norway’s largest lender, falling as much as 4.6 percent. SEB …

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BNP wins dismissal of suit over $186mn ‘fat finger’ mistake

Bloomberg BNP Paribas SA won dismissal of a German lawsuit by a trader seeking 163 million euros ($186 million) for a “fat-finger” mistake in a 2015 transaction. The Frankfurt Regional Court on February 26 ruled it can’t look into merits of the case, which involved an error on the bank’s system that displayed derivatives priced at 108.80 euros each instead …

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Dalton calls for buybacks, board seat at Shinsei Bank

Bloomberg Dalton Investments stepped up its pressure on Shinsei Bank Ltd., continuing a years-long effort to bring change at the Japanese lender. The US investment firm is proposing that its co-founder, Jamie Rosenwald, be put on Shinsei’s board, according to a copy of a letter to Shinsei provided by Dalton to Bloomberg. Dalton also renewed its call for the bank …

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