Swedbank won't sue CEO at the helm during Baltic dirty money crisis
Article content STOCKHOLM — Swedbank said on Thursday it had resolved not to file claims for damages against its former top executive and board for the fiscal year 2019, when the Swedish banking group came under investigation over money-laundering breaches in the Baltics. The lender’s share price collapsed by a third in 2019 as it stumbled from denial to admission of wrongdoing amid a year of turmoil which claimed the job of ex-CEO Brigitte Bonnesen and brought scrutiny from U.S. authorities. We apologize, but this video has failed to load. Try refreshing your browser, or Swedbank won't ...