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MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  Danske Bank A/S    DANSKE   DK0010274414

DANSKE BANK A/S

(DANSKE)
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Danske Bank : Deutsche Bank not raising provisions tied to Danske, Panama - source

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12/06/2018 | 09:55am EST
FILE PHOTO: The logo of Deutsche Bank is seen in front of one of the bank's office buildings in Frankfurt

FRANKFURT (Reuters) - Deutsche Bank will not raise provisions in connection with an investigation into separate money laundering investigations related to the Panama Papers and Danske Bank, a source with direct knowledge of the matter said.

The German bank reached the decision because it was not aware of any wrongdoing on its part in either case, added the source, who spoke on condition of anonymity. A Deutsche Bank spokesman declined to comment.

(Reporting by Andreas Framke; Writing by Douglas Busvine; Editing by Kathrin Jones and Edward Taylor)

Stocks treated in this article : Deutsche Bank, Danske Bank
Stocks mentioned in the article
ChangeLast1st jan.
DANSKE BANK A/S 0.04% 126.6 Delayed Quote.-1.75%
DEUTSCHE BANK -1.83% 7.615 Delayed Quote.11.32%
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Financials (DKK)
Sales 2019 46 115 M
EBIT 2019 21 563 M
Net income 2019 16 047 M
Debt 2019 -
Yield 2019 7,33%
P/E ratio 2019 6,88
P/E ratio 2020 6,73
Capi. / Sales 2019 2,46x
Capi. / Sales 2020 2,39x
Capitalization 113 B
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 163  DKK
Spread / Average Target 29%
EPS Revisions
Managers
NameTitle
Jesper Nielsen Chief Executive Officer & Head-Banking
Karsten Dybvad Dalsjö Chairman
James Martin Ditmore COO, Group Head-Services & IT
Christian Baltzer Chief Financial Officer
Charlotte Hoffmann Director
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