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Danske Bank Boss Quits Over €200bn Scandal

The chief executive of Danske Bank has quit amid a money-laundering scandal.

The chief executive of Danske Bank has quit amid a money-laundering scandal. Michael Barret is editor of the Danish news website 'The Local', and tells us why Thomas Borgen had to go. Also in the programme, with a trade war between China and the US escalating, our regular economic commentator, Irwin Stelzer of the Hudson Institute discusses when rising tariffs might start to affect the American consumer. With UK prime minister Theresa May in Salzburg for an EU summit, we hear why her former Brexit secretary David Davis is sceptical about the so-called Chequers proposals for breaking the deadlock in Brexit talks. A report suggests 37,000 jobs could be created in the UK by 2035 in the driverless car sector. But Mike Potts of StreetDrone, which is behind the report, says there is a severe shortage of skilled workers in the field. Plus we explore the viability of 'dockless' bike sharing schemes, where users can leave the bikes wherever they wish.

(Picture: Former Danske Bank boss Thomas Borgen. Picture credit: Getty Images.)

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27 minutes

Last on

Wed 19 Sep 2018 14:32GMT

Broadcast

  • Wed 19 Sep 2018 14:32GMT