Danish CoCo Venture Risks Derailing Troubled Banks, S&P Says

Danish CoCo Venture Risks Derailing Troubled Banks, S&P Says

Freya Ingrid Morales/Bloomberg

The country’s six too-big-to-fail banks, led by Danske and mortgage lender Nykredit Realkredit A/S, reported last year an average return on equity of 3.6 percent after tax.