Danske Bank too big

Reports of emergency meetings between then national bank director Nils Bernstein and leaders of Danske Bank, the nation’s largest, during the height of the financial crisis has some saying that the bank is too big and holds too much power over the country’s finances. Fears that the bank could have collapsed during the crisis without enough liquid assets on hand to cover its customers' deposits and loans have some saying that the bank, which has a balance that is nearly double Denmark’s GDP, should be broken up into smaller entities. At the height of the crisis, Danske Bank’s liquid assets amounted to less than three percent of its balance sheet. – Berlingske





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