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COPENHAGEN, April 20 (Reuters) - The United States of
America and the Federal Retirement Thrift Investment Board
(FRTIB) have filed a lawsuit against Danske Bank and
its former CEO in the Copenhagen city court, according to the
attorney representing the parties.
Shares in Danske Bank fell around 8% after the
news, which was first reported by the business daily Borsen.
The suit is linked to Danske s involvement in a major money
laundering scandal, according to Borsen.
It said the parties were initially claiming compensation of
10 million Danish crowns ($1.62 million), but that the number
could rise to hundreds of millions.
U S files lawsuit against Danske Bank, attorney says financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
Biden prepares sweeping order on climate-related risks
In a draft executive order, President Joe Biden reaches into all corners of the federal government with plans that would touch every sector.
The Biden administration is assembling the plan ahead of a major international climate summit the president plans to host April 22-23. | Andrew Harnik-Pool/Getty Images
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President Joe Biden is preparing to instruct federal agencies to take sweeping action to combat climate-related financial risks to government and the economy, including moves that could impose new regulations on businesses.
In a draft executive order obtained by POLITICO, Biden reaches into all corners of the federal government with plans that would touch every sector of American industry, including banking and insurance, oil and gas, housing, agriculture, and federal contracting, purchasing and lending.
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How would you finish this sentence: “I need to become more financially…”
Retirement Counseling and Training www.retirefederal.com
The start of April signals it’s not only springtime, but National Financial Literacy Month. I love the spring, and am easily distracted by the blossoming flowers and trees. Are you like this when it comes to thinking about money? I sympathize, but it’s worth your while to pay attention to your financial literacy.
Now that most federal employees have become investors thanks to the Thrift Savings Plan, it’s important to understand at least the basics of money management. How would you finish the following statement: “I need to become more financially…” Here are some possible answers:
TSP Officials Tout Sizeable Improvement in Annual Employee Satisfaction Survey Scores govexec.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from govexec.com Daily Mail and Mail on Sunday newspapers.