Today’s news / Two out of three banks have approved AL Sydbank
On October 27, it was announced that Sydbank, Vestjysk Bank, and Arbejdernes Landsbank wished to merge. In the picture, Arbejdernes Landsbank chairman, Claus Jensen, is seen at a press conference in Sydbank in Copenhagen on the same day. On Wednesday, Arbejdernes Landsbank will adopt the merger proposal at a general meeting. (Archive photo). Photo: Thomas Traasdahl/Ritzau Scanpix

Two out of three banks have approved AL Sydbank

Arbejdernes Landsbank, Sydbank, and Vestjysk Bank have approved a proposed merger to form AL Sydbank, with final approval pending from Sydbank’s shareholders on Thursday. The Danish Competition and Consumer Authority has already approved the merger, but it still requires approval from the Danish...

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