European Banks Hit by Dirty Money Allegations

The transcript discusses a growing banking scandal involving Danske Bank, Swedbank, and Nordea, with a significant report from the OCCRP highlighting a Europe-wide issue. The European Banking Union faces challenges due to a lack of a cross-border framework to handle such scandals. Investigations are ongoing in the US and Europe, and the situation is expected to take years to resolve.

What investigations are currently being conducted regarding Danske Bank?

What is the expected timeline for resolving the allegations against Danske Bank?