Swedbank Scandal Deepens as Laundering Linked to Yanukovych
Swedbank Scandal Deepens as Laundering Linked to Yanukovych
Allegations of money laundering against Sweden’s oldest bank grew this week to draw in some of the former Soviet Union’s most notorious individuals.
Bloomberg
Bloomberg
Dirty Money Scandal Gives One Swedish Bank a Way to Tout Virtue
Dirty Money Scandal Gives One Swedish Bank a Way to Tout Virtue
One Swedish bank is making hay from its lack of a major presence in the Baltics as a money-laundering scandal sweeps the Nordic region.
Bloomberg
Bloomberg
Swedbank's 20% Slump Draws in Hoards of Swedish Retail Investors
Swedbank's 20% Slump Draws in Hoards of Swedish Retail Investors
Since allegations of money laundering were leveled against Swedbank AB last week, it’s lost a fifth of its value. Now, Sweden’s retail investors are flocking to the stock in the hope they’ll see a rebound.
Bloomberg
Bloomberg
Danske Suddenly Doesn't Look So Bad After $18 Billion Fall
Since investors started panicking over its money laundering scandal about a year ago, Danske Bank A/S’s share price has been cut in half, representing $18 billion in lost market value.
Bloomberg
Bloomberg
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Danske Money-Laundering Scandal Threatens to Rock Estonia's Election
When news broke last week that one of Europe’s largest money-laundering scandals in history had widened, Estonia’s justice minister had to tear up a speech and start over.
Bloomberg
Bloomberg
Clients Who Quit Nordea Now Find Themselves in Swedbank Fire
In Sweden, finding a bank not embroiled in controversy is getting difficult these days.
Bloomberg
Bloomberg