Head of Personal Banking: Danske Bank's investment advisers were unaware of their own poor advising
BY ANNE LOUISE HOUMANN, FINANSWATCH
While bank researcher wonders how for more than a year, Danske Bank's investment advisers have not hesitated to sell a product that did not benefit customers, the bank's Head of Personal Banking explains that advisers were completely unaware that the costs of a recommended product in certain cases exceeded the expected return.
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