United States

Johan Ahlander

Estonian watchdog says unacceptable clients remain in banking system

Apr 10 2019

TALLINN Unacceptable clients remain in the Estonian banking system despite tougher regulation, the country's financial watchdog said on Wednesday, adding that some lenders will be placed under detailed monitoring.

Nordic trust tarnished by money laundering scandal

Apr 03 2019

STOCKHOLM/FRANKFURT Money laundering allegations involving Sweden and Denmark have shattered faith in the open Nordic business culture, prompting demands for tighter controls on the banks held responsible.

Swedbank dumps CEO as money laundering claims spook investors

Mar 28 2019

STOCKHOLM Swedbank dismissed Birgitte Bonnesen as chief executive on Thursday only an hour before its annual meeting after disgruntled shareholders rounded on her handling of a rapidly-growing money laundering scandal. | Video

Swedish authorities widen Swedbank inquiry to include suspected fraud

Mar 27 2019

STOCKHOLM Sweden's Economic Crime Authority (EBM) widened its Swedbank investigation to include suspected fraud following a raid on Wednesday on the Swedish bank's headquarters in an inquiry into its handling of money laundering allegations.

Swedbank backs CEO as some investors query money-laundering report

Mar 22 2019

STOCKHOLM Swedbank's board backed chief executive Birgitte Bonnesen on Friday as some investors questioned a heavily redacted external report into allegations of money laundering through its Baltic branches.

Swedbank under shareholder scrutiny over money-laundering report

Mar 08 2019

STOCKHOLM Swedbank is facing pressure from some of its biggest shareholders to reveal more about what it knew about allegations of money-laundering linked to Danske Bank.

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