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- In November 2006, it was disclosed that the banking business of Sampo was sold to the Danish Danske Bank so that Sampo could concentrate on its insurance business. The proceeds of the sale were invested in the shares of Nordea, the largest bank in the Nordic region. Sampo sold its entire holding in Nordea in April 2022.
en.wikipedia.org/wiki/Sampo_Group
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Oct 3, 2018 · Danske’s troubles began almost immediately after buying Sampo Bank, a Finnish lender, in 2007. The Estonian branch represented just 0.5 per cent of assets in Denmark’s largest bank which would be...
Dec 19, 2018 · Russia’s central bank warned Danske that the Estonian branch was being used for dubious transactions either for widespread tax evasion or money laundering to the tune of billions of roubles a...
Nov 12, 2019 · On February 1, 2007, Danske Bank completed the acquisition of AS Sampo Bank for $4.57 billion. This purchase included a branch in Tallinn, Estonia, which would go on to function as the center of Danske’s money laundering operations (Coppola).
May 8, 2024 · Sampo has today finalised the arrangements related to the sale of its 19.8% stake in Saxo Bank to Mandatum, as agreed in connection with the partial demerger completed in 2023. The transaction price has been set to EUR 302 million, representing the price agreed in the demerger adjusted for dividends received.
Sampo Group had a banking operations under the name of Sampo Bank between 2000 and 2006. In November 2006, it was disclosed that the banking business of Sampo was sold to the Danish Danske Bank so that Sampo could concentrate on its insurance business.
May 8, 2024 · Sampo has today finalised the arrangements related to the sale of its 19.8% stake in Saxo Bank to Mandatum, as agreed in connection with the partial demerger completed in 2023.
Dec 8, 2021 · In line with the Group’s P&C-focused strategy, Sampo plc has today signed an agreement with Rand Merchant Investment Holdings Limited (RMI) to acquire its ownership in Hastings.
