Friday

29th Mar 2024

Ticker

Danske Bank whistleblower to testify in EU parliament

Howard Wilkinson, a British former trader in Danske Bank's Estonia branch, will testify at public hearings in the Danish parliament on 19 November and the European Parliament on 21 November. A non-disclosure agreement with Danske Bank must however first be lifted for the whistleblower to speak freely about the world's biggest money-laundering scandal. Danske's chairman Ole Andersen and representatives from Dutch lender ING were also invited to the EP hearing.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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