
09-18-2008, 12:07 PM
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Superior Investor
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Join Date: Nov 2007
Posts: 10,363
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Deutsche Bank says "Danske Bank is has been set on HOLD"
Deutsche Bank says Danske Bank will loss big in 2009. As one of denmarks largest banks Danske Bank will be hit hard by the credit crises. Danske Bank is not only hit by the panic in the bank industry but also by mistakes in their investments in both Sampo Bank and Northern Bank in Ireland. The integration of the new banks are not doing well. This could create even more problems for the danish bank. Svenske Handelsbanken is ready to take markedshares and have made this easier with the takeover of Lokal Banken.
The Doc
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