Reported by Evelina Youcefi

(Excerpt shared below. To read full report, go to: https://www.bloomberg.com/news/articles/2025-12-15/danske-bank-says-doj-probation-over-estonia-scandal-has-ended)

Danske Bank A/S said its corporate probation with the U.S. Department of Justice has ended, marking the final step in resolving one of Europe’s biggest money-laundering scandals.

The scandal has “profoundly shaped our organization and transformed our culture,” Danske Chief Executive Officer Carsten Egeriis said in a statement Monday. All “formal processes” with the DoJ and regulatory authorities in relation to the non-resident portfolio at Danske Bank’s former Estonia branch are now complete, he said.

The end of the probation lifts a major overhang as Danske continues efforts to rebuild trust and demonstrate its strengthened risk and compliance framework. The lender in December 2022 admitted to fraud and agreed to pay $2 billion to end a long-running US probe into money laundering at its Estonia branch.