Danish prosecutor charges Danske Bank for overcharging customers

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Danske Bank said on Thursday it has been preliminary charged by the Danish prosecutor for overcharging customers for an investment product.

Denmark’s financial watchdog reported Danske Bank to the police in August.

It said the bank had failed to inform customers that it expected a poor performance from its Flexinvest Fri investment product and for continuing to sell it to new customers after raising fees associated with it in 2017.


Via Reuters

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