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Midweek Roundup: Danske Bank’s CEO Resigns Amid Dutch AML Probe, US Pension Fund Sues Danish Lender, and More

Danske Bank's chief executive Chris Vogelzang resigned his post after Dutch authorities named him a suspect in their probe into widespread AML breaches at his former employer ABN Amro, RTE reported. More U.S. officials claimed in a civil lawsuit that compliance lapses that ensnared Danske Bank and an ex-chief executive in a far-reaching money laundering scandal resulted in nearly $2 million in losses for a federal pension fund that held shares of the Danish lender, Reuters reported. More Draft legislation that would impede federal regulators from penalizing banks that hold accounts for state-licensed cannabis firms gained the approval of U.S....

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