Danske Bank beats fourth-quarter net profit expectations

COPENHAGEN (Reuters) - Danske Bank beat fourth-quarter net profit forecasts on Wednesday and said it expects to earn a net profit between 8 to 10 billion Danish crowns (£906.6 million-£1.1 billion) in 2020. Chief Executive Chris Vogelzang said results were as expected, but negative interest rates, margin pressure and increased costs related to compliance had a "negative effect". "All in all, our financial performance remains under pressure," Vogelzang said in a statement. Late last year,..