COPENHAGEN (BLOOMBERG) - Danske Bank will cut 1,600 jobs as part of its ongoing effort to save money amid spiraling compliance costs and long-term negative interest rates. "It is never easy to reduce the number of colleagues, and we will do our best to ensure that we do this in the most decent and respectful way," chief executive officer Chris Vogelzang said in a statement on Thursday (Oct 8). "However, we need to adapt to the structural changes that the financial sector is experiencing." Danske is still being investigated for a vast money laundering scandal...