Fine drags down Saxo Bank profit
In January, Saxo Bank accepted a 313 million DKK fine for violating anti-money laundering rules, impacting its 2025 profit, which fell to 539 million DKK from 1,074 million in 2024. Other costs included a 71 million DKK loss from chipmaker Wolfspeed’s reconstruction, leaving the adjusted profit at 898 million DKK. The Danish FSA (The Danish […]