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Danske Bank shares up after U.S. Treasury drops investigation – Metro US

Danske Bank shares up after U.S. Treasury drops investigation

A Danske bank sign is seen on a bank’s headquarters
A Danske bank sign is seen on a bank’s headquarters in Copenhagen

COPENHAGEN (Reuters) – Shares in Danske Bank rose 3% in early trade on Monday after it said on Saturday that it is no longer under investigation by the U.S. Department of Treasury for alleged money-laundering in its Estonia branch.

Danske Bank is still being investigated by other authorities in the United States, France and Denmark.

(Reporting by Nikolaj Skydsgaard; Editing by Hugh Lawson)