Danske Scandal Enters Danish Debate Over EU Banking Union

  • Bankers’ lobby says case shouldn’t sway membership decision
  • Finance minister says government hasn’t made up its mind yet
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The multibillion-dollar money laundering scandal enveloping Denmark’s biggest bank shouldn’t be a key factor in determining whether the country joins the European banking union, according to the head of the financial industry’s lobby group.

Ulrik Nodgaard, head of Finance Denmark, said other factors weigh more heavily in his organization’s discussions.