Shares of Dutch lenders ABN AMRO and ING, among others, were under pressure on Tuesday, on the back of a report that alleges that billions of Russian funds have been channeled via Lithuanian financial institutions to banks that include those in the Netherlands. The De Groene Amsterdammer is part of a report by the Organised Crime and Corruption Reporting Project, which published an article on Monday that accused a number of European financial firms of money laundering. An earlier report focused on Danske Bank /zigman2/quotes/206731850/delayed DNKEY +1.33% and Swedbank AB but have also seen Austria's Raiffeisen Bank International AG a part of recent allegations, according to Bloomberg News . Meanwhile, European banks more broadly were trading lower, off about 0.8%, as gauged by the Stoxx Europe 600 banks index.
Add to watchlist
DNKEY
