Swedbank settled with DFS for USD 50 million
The payment resolves failure to disclose information in 2016 and 2018, ending all probes into historical shortcomings.
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Banking group serving private and corporate customers
swedbank.comLast updated
In short: Swedbank settled US money laundering probes for $50 million, reported mixed quarterly earnings, and announced plans to cut 550 jobs.
The payment resolves failure to disclose information in 2016 and 2018, ending all probes into historical shortcomings.
The report will be published on July 17, followed by a conference call and press meeting.
Sweden's economy slows temporarily due to Middle East war but recovers with low inflation, stable policy rate, rising consumption, and GDP growth to 1.8% this year, 2.4% next.
Stable results amid uncertainty, with total income at 17,073 SEKm and profit at 7,345 SEKm. CEO notes stable quarter start.
Hybrid war requires strong responses: "Politeness is a weakness" Sabotage and hybrid warfare damage relations between Europe and China. This is the view of Nordic and Baltic leaders who are now demanding...
Swedbank's acquisition of the payment services company PayEx has been approved by the competition authorities in Sweden and Norway as well as by the Swedish Financial Supervisory Authority. The approval means that Swedbank now formally takes over...
According to a MarketScreener brief published on September 4, 2026, Barclays has raised its price target for Swedbank A to ...
This concerns SEB, Handelsbanken, Swedbank and Nordea Hypotek.
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