Danske Bank announced in December 2022 that its US resolution placed it under a period of DOJ corporate probation as part of the Estonia matter.

Why this label

The December 2022 resolution concluded the DOJ, SEC and Danish investigations of the bank^S5. The bank said then that its plea agreement placed it on probation for three years. The bank announced on 15 December 2025 that this probation had been concluded and that all formal regulatory processes on the non-resident portfolio were finalised^S6. Dow Jones reported the same day that the bank completed the probation, citing the bank^S7. A description of the bank as still under US probation for the Estonia matter reflects an earlier position. The end of probation rests on a company announcement and press that repeats it. No DOJ statement or court docket entry on the end of probation could be found in this review.

Current procedural position

Probation ran from 13 December 2022 to 13 December 2025 and has concluded, per the bank^S6.

Evidence score: 79 of 100

The score grades how well the record establishes this assessment. It is not a score of Danske Bank A/S. Score = source authority + directness + corroboration + procedural accuracy + currency + reproducibility.

Timeline

1. 13 December 2022Coordinated resolutions announced^S5
2. 15 December 2025Bank confirms conclusion of DOJ probation^S6
3. 15 December 2025Dow Jones reports the probation has ended^S7

Related cases

• United States v. Danske Bank A/SUS Department of Justice and US District Court for the Southern District of New York. Criminal. Not published.Stage: Guilty plea entered. Probation concluded on 13 December 2025 per the bank.
  • 13 December 2022 Guilty plea to conspiracy to commit bank fraud with US$2.059 billion forfeiture^S1
  • 15 December 2025 Bank confirms probation concluded^S6S7
• Danish Special Crime Unit and Danske Bank A/SDanish Special Crime Unit. Criminal. Not published.Stage: Resolved by acceptance of a fine and confiscation
  • 13 December 2022 Bank accepts a fine and confiscation with DKK 4,749 million payable^S5

Revision history

• 25 October 2026 Assessment first published with label Outdated.

Have a record that changes this assessment? See corrections and responses.

Sources

1. S6Tier B Danske Bank confirms conclusion of US Department of Justice probationDanske Bank A/S. Company statement. 15 December 2025.Supports the end of the US probation. It is a company statement, not a DOJ record.Link working, checked 25 October 2026
2. S5Tier B Danske Bank reaches coordinated resolutions with the US and Danish authorities regarding the Estonia matterDanske Bank A/S. Company statement. 13 December 2022.Supports the aggregate US$2.06 billion, the Danish fine and confiscation, and the close of the investigations as to the bank.Link working, checked 25 October 2026
3. S7Tier C Danske Bank Completes U.S. Justice Department Probation PeriodDow Jones Newswires (Dominic Chopping), via Morningstar. Press report. 15 December 2025.Reports the end of the probation on the bank's announcement. It quotes no DOJ or court record.Link working, checked 25 October 2026
4. S1Tier A Danske Bank Pleads Guilty to Fraud on U.S. Banks in Multi-Billion Dollar Scheme to Access the U.S. Financial SystemUS Department of Justice, Office of Public Affairs. Regulator press release. 13 December 2022.Supports the guilty plea, the forfeiture amount and the US$160 billion processed through US banks. It does not give a laundered total.Link working, checked 25 October 2026

Other claims about Danske Bank A/S

• Partly supported75
  An October 2018 Al Jazeera report said some EUR 200 billion in suspicious transactions passed through Danske Bank's Estonian branch.
  Press report, 16 October 20184 records citedMoney laundering
• Supported98
  The US Department of Justice said on 13 December 2022 that Danske Bank pleaded guilty to conspiracy to commit bank fraud and agreed to forfeit US$2.059 billion.
  Regulator statement, 13 December 20223 records citedFraud