Norway's largest pension company, KLP, which has assets worth over EUR 75 billion is part of a class action suit against Danske Bank which was recently brought by 63 investors, according to DN.no.
Through the suit, which is being led by Danish lawyer Ole Sigetty from firm Németh Sigetty, dissatisfied investors are demanding EUR 201 million (DKK 1.5 billion) for the losses they experienced following the whitewashing scandal in Estonia.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from AMWatch
Only 16 percent of fund managers in Sweden are women. The figure is 11 percent in Finland, while just 6 percent of fund managers in Denmark and Norway are female. AMWatch has talked to four Nordic women in finance in search of answers regarding this imbalance and hear about their career experiences.