Danske Bond Sale Is Upended as Laundering Case Keeps Growing

The transcript discusses a bank embroiled in a money laundering scandal, affecting its bond issuance plans and shareholder confidence. The bank, once a strong investment, faced a significant drop in share price by the end of 2018. With plans to issue $6.1 billion in securities, the bank is challenged by rising interest rates and market conditions, impacting its financial strategies and debt issuance plans.

What major issue is the bank currently facing?

• A money laundering scandal

• A cybersecurity breach

• A leadership change

• A merger with another bank

Who is Bill Browder in relation to the bank's scandal?

• A competitor bank's executive

• An individual revealing more information about the scandal

• A financial analyst

• A former CEO of the bank

How did the bank's financial status change by the end of 2018?

• It doubled its share price

• It lost about 50% of its share price

• It gained a new investor

• It maintained its share price

What is the bank's plan for securities issuance in 2019?

• $12 billion

• $3 billion

• $10 billion

• $6.1 billion

What financial challenge is the bank facing with its debt issuance?

• Rising interest rates

• Regulatory hurdles

• Lack of investor interest

• Decreasing demand for bonds