Unfortunately Danske Bank A/S will have to postpone the annual general meeting called for, 17 March 2020. The decision has been made upon recommendation from the Danish Financial Supervisory Authority.

The US Federal Reserve continues to fight a protracted economic recession. Senior analyst at Danske Bank, Mikael Milhøj comments on the development.

The current economic downturn is worse than the worst months of the financial crisis, and globally we are witnessing an economic shock last seen during the Second World War. But it is possible that the pain will be short-lived.

Companies in Denmark have sent home most of their employees to work from distance where the security is typically not as strong as when working from the office location. Unfortunately, the fraudsters are aware of this too and at the same time they try to take advantage of the current COVID-19 situation. In Danske Bank we have already seen the first few smishing-attempts towards our customers.

Frans Woelders takes up his duties as Group COO and member of the Executive Leadership Team with overall responsibility for Group Services and Group IT starting 18 March 2020.

COLUMN: Chief strategist Henrik Drusebjerg assesses the latest coronavirus developments, where governments and central banks are going all in to support the economy – and so also the financial markets.

As a result of the extraordinary situation regarding the spreading of COVID-19, Danske Bank will in the coming period expand its support and advisory services to private individuals and businesses who suffer financial consequences.