Denmark's largest bank laundered 200B through its Estonian branch, ignoring glaring warning signs

Before Thomas Borgen was CEO of Danske Bank, he ran the bank's Estonian branch from 2009-2013, presiding over years of neglect of basic, commonsense money-laundering controls, allowing more than 200B to flow through the bank from well-known financial secrecy jurisdictions like the British Virgin Islands, as well as Russia. (more…)