Danske Chairman Says 'Large' Part of $234 Billion Can Be Suspicious

The transcript discusses a bank's internal report on suspicious transactions, clarifying the figures involved and detailing the investigation process. It covers regulatory implications, accountability measures, and future actions. The bank's leadership changes and cultural challenges are addressed, along with the financial provisions and relations with authorities. The cost of investigations and their impact on customers are also discussed.

What was the initial amount of transactions deemed suspicious at the bank?

• €2 billion

• €9 billion

• €200 billion

• €100 billion

How many customers were initially investigated out of the total portfolio?

• 8,800 customers

• 6,200 customers

• 15,000 customers

• 10,000 customers

What is the estimated amount of illicit funds according to some reports?

• €100 billion

• €200 billion

• €2 billion

• €9 billion

What action has the bank taken regarding potential profits from suspicious activities?

• Set aside provisions for fines

• Reduced dividends

• Donated gross income to an independent foundation

• Increased customer portfolio

Which two countries are involved in the ongoing investigations?

• Norway and Iceland

• Germany and France

• Finland and Sweden

• Estonia and Denmark

What significant change occurred in the bank's leadership?

• CEO was promoted

• CEO resigned

• New CEO was appointed

• Board of Directors was dissolved

What was the bank's response to the potential impact on its image?

• Increased customer trust

• No significant customer flight

• Significant customer flight

• Immediate improvement in image