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New head of C&I at Danske Bank

Danske Bank has appointed Glenn Söderholm (aged 49) Head of Corporates & Institutions (C&I) and a member of the Bank’s Executive Board with effect on 1 November 2013. In this position, Glenn Söderholm succeeds Thomas F. Borgen, who was appointed chief executive officer of Danske Bank in September this year. Glenn Söderholm has been part of the management team of C&I and has most recently been responsible for the business relationships with Danske Bank’s largest clients. Söderholm has been with Danske Bank since 1998 when he joined the Bank’s Markets unit in his native country, Sweden.

Danske Bank reports net profit of DKK 5.2 billion (EUR 696.2 million) for the first nine months of 2013

Guidance for full-year 2013 net profit loweredDanske Bank has announced its financial results for the first nine months of 2013.“While our third-quarter result showed some progress, we continue to operate in a challenging en-vironment. To stay competitive and deliver long-term value to customers and shareholders, we need to pay more attention to our customers, to simplify our operations and to become much more effi-cient,” says Thomas F. Borgen, CEO.“The best way to sustainable profitability is through satisfied customers. Therefore, we will continue to invest in developing market-

Danske Bank reports net profit of DKK 2.3 billion (EUR 308 million) for the first half of 2012

Danske Bank today announced its financial results for the first half of 2012. The interim report is available at www.danskebank.com. Highlights are shown below:· The Danske Bank Group posted a profit before tax of DKK 4.1 billion (EUR 550 million) for the first half of 2012. The net profit was DKK 2.3 billion (EUR 308 million), a 20% rise from the net profit in the first half of 2011 and generally in line with expectations.   · Income totalled DKK 24.6 billion (EUR 3,310 million), up 6% from the level in the first half of 2011, mainly because of higher net interest income and net income

Danske Bank reports net profit of DKK 0.8 billion (EUR 105 million) for the first quarter of 2012

Copenhagen, 2012-05-10 07:45 CEST (GLOBE NEWSWIRE) --  Danske Bank today announced its financial results for the first quarter of 2012. The interim report is available at www.danskebank.com. Highlights are shown below:· The Danske Bank Group posted a profit before tax of DKK 1.6 billion (EUR 213 million) for the first quarter of 2012. The net profit was DKK 0.8 billion (EUR 105 million), an 11% rise from the first-quarter 2011 net profit, and was generally in line with expectations. · Income totalled DKK 12.4 billion (EUR 1,660 million), up 6% from the level in the first quarter of 2011,

Net profit of DKK 1.5 billion (EUR 205 million) for the first nine months of 2011

Danske Bank today announced its financial results for the first nine months of 2011. The interim report is available at www.danskebank.com. Highlights are shown below:The Danske Bank Group posted a profit before tax of DKK 3.6 billion (EUR 482 million) for the first nine months of 2011. The net profit was DKK 1.5 billion (EUR 205 million). Results were adversely affected by low interest rates, low economic growth and turbulent capital markets. Total income was DKK 31.5 billion (EUR 4,235 million), down 11% from the income in the first nine months of 2010, mainly because of lower net

Net profit of DKK 0.7 billion (EUR 95 million) for the first quarter of 2011

Danske Bank today announced its financial results for the first quarter of 2011. The interim report is available at www.danskebank.com. Highlights are shown below:· The Danske Bank Group posted a profit before tax of DKK 1.5 billion (EUR 201 million) for the first quarter of 2011. The net profit was DKK 0.7 billion (EUR 95 million). Overall, the result was in line with expectations. · Total income was DKK 11.7 billion (EUR 1,568 million), down 3% from the level in the first quarter of 2010. As expected, net interest income fell compared with the year-earlier level. Net trading income was

Net profit of DKK 2.6 billion (EUR 348 million) for the first nine months of 2010

Danske Bank today announced its financial results for the first nine months of 2010. The interim report is available at www.danskebank.com. Highlights are shown below:· The Danske Bank Group posted a net profit of DKK 2.6 billion (EUR 348 million) for the period. The global economic recovery, although fragile, benefited several of the Group’s markets, and this had a positive effect on results. · At DKK 35.4 billion (EUR 4,749 million), total income declined 23% from the year-earlier level. The decline should be seen in the light of the extraordinarily high net trading income in the first

Danske Bank Group - Net profit of DKr0.8bn (€0.1bn) for the first quarter of 2010

Danske Bank today announced its financial results for the first quarter of 2010. The interim report is available at www.danskebank.com. Highlights are shown below:- The Danske Bank Group posted a net profit of DKr0.8bn (€0.1bn) for the first quarter of 2010. Difficult macroeconomic conditions in several of the Group’s markets continued to have an adverse effect on results. - Income fell 30% to DKr12.1bn (€1.6bn) from the level in the first quarter of 2009. The fall was expected and was due mainly to extraordinarily high net trading income in the first quarter of 2009. - Expenses were down 7%

Danske Bank reports net profit of DKr1.7bn (€0.2bn)

Danske Bank today announced its financial results for 2009. The announcement and the annual report can be viewed at www.danskebank.com. Highlights are shown below:The Danske Bank Group posted a net profit of DKr1.7bn (€0.2bn) for 2009. This result is in the aggregate slightly better than expected and is acceptable given the difficult macroeconomic conditions. Total income was at a very satisfactory level of DKr59.3bn (€8.0bn) – 38% above 2008. The gains were generated by exceptionally high net trading income, particularly in the first half-year, higher net income from insurance business and

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