US SEC Concludes Swedbank Investigation

Reported 1 day ago

The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Swedbank without taking enforcement action. Initiated in 2019, the investigation focused on the bank's historical disclosures and its previous admissions of failing to combat money laundering. Swedbank is still subject to ongoing inquiries from the U.S. Department of Justice and the Department of Financial Services in New York.

Source: YAHOO

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