UPDATE 1-Swedbank pledges prompt release of money laundering probe

Swedbank pledged on Wednesday to conclude an internal probe into alleged money laundering at the Swedish lender by early next year, and said it was unaware of any breaches of U.S. sanctions after a broadcaster alleged such a lapse. “If there has been unethical behaviour … we should of course get the bottom of it,” Swedbank CEO Jens Henriksson said in a statement. “The internal investigation is expected to be concluded in early 2020,” he said, adding “conclusions from the investigation will be communicated”. …read more

Source:: Yahoo Finance

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.