Danske gets Pillar 2 reprieve through $2bn AML provision
Quantifying the hit from Estonian branch investigations earned the bank a 75% cut in add-ons in place since 2018
Source: risk.net
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Quantifying the hit from Estonian branch investigations earned the bank a 75% cut in add-ons in place since 2018
The bank unwound hedges that safeguarded its buyback of mis-sold US notes
Sub-group liquidity requirements breached as chatter around bank’s solvency spurred cash outflows
Higher interest rates eroded value of facilities stuck in pre-syndication during Q3
Uncertainty around interest rates and political stability reflected in model overlays