Danske Bank’s financial reporting going forward will reflect the results of the business reviews and organisational changes announced in connection with Interim report – first half 2015 and company announcement No. 48/2015 dated 19 November 2015.
Financial reporting will reflect the following changes:
- Establishment of a Wealth Management unit comprising Danica Pension, Danske Capital, Private Banking (Denmark, Finland, Sweden, Norway and Luxembourg) and Danske Forvaltning (Denmark), which will be presented as a separate business unit.
- Presentation of Danske Bank in Northern Ireland as a separate business unit (formerly included under Personal and Business Banking).
- Reclassification of equity finance income within Corporates & Institutions from Net trading income to Net fee income.
These changes will take effect in Danske Bank’s financial reporting as of Q1 2016. Restated comparative figures for 2014 and 2015 have been published on Danske Bank’s IR website under “Shortcuts for analysts and investors”.