Danske Bank ex-CEO cleared in $322 mln investor lawsuit over Estonia case

Danske Bank’s former chief executive Thomas Borgen has been cleared by a Danish court of any liability in a shareholder claim for approximately $322 million brought by Deminor on behalf of 155 institutional investors for losses linked to Danske Bank’s involvement in one of the world’s largest money-laundering scandals. More from Reuters (free account required to access content).