Bank bosses told to speak nicely

Bank managing directors gathering for their annual meeting next week will be told not to speak negatively about the finance industry.

A memo will reportedly be distributed at the closed-door annual general meeting of Finansrådet, the bankers’ association, that will tell bank bosses to think carefully over the potential consequences of comments they make in public.

The revelation comes after Finansrådet earlier this month issued a memo urging bankers not to speak publicly about differences of opinion within the industry.

The memo was issued after the country’s two largest banks, Danske Bank and Nordea, openly aired differing points of view about negotiations between banks and the government.

Berlingske Business