Denmark Fights to Ensure EU Bank Creditors Shown No Mercy

Denmark Fights to Ensure EU Bank Creditors Shown No Mercy

Freya Ingrid Morales/Bloomberg

A sign hangs outside a Danske Bank A/S branch in Copenhagen. Denmark’s bitter experience with the Basel Committee on Banking Supervision, whose liquidity rules threaten to destroy the nation’s mortgage market, has taught the Danes to be more aggressive in defending their corner when it comes to cross-border regulatory matters.