Danske Bank posts loss

Danske Bank reported a fourth-quarter net loss attributable to shareholders of 6.37bn kroner (€855m) after writing down 9bn kroner in goodwill in December.

That compares with a profit of 1.92bn kroner a year earlier. Net profit before goodwill impairment charges was 2.81bn kroner.

Net profit in 2015 will exceed 14bn kroner, the bank said. Danske raised its 2015 target for return on equity to 9.5%, from 9%, and its long-term target to above 12.5% from 12%.