Denmark's Danske Bank will be investigated in the US over its $230bn Estonian money-laundering scandal.
The company said on Thursday it had “received requests for information from the US Department of Justice (DOJ) in connection with a criminal investigation relating to the bank’s Estonian branch”.
The scandal has already caused the resignation of CEO Thomas Borgen.
Many of the non-resident accounts at the Estonian branch were held by entities or individuals in Russia, which is the subject of US sanctions, Reuters reported.
France’s BNP Paribas reached a record $8.9bn settlement with US authorities in 2015 to resolve claims that it violated sanctions against Sudan, Cuba and Iran.
