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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Nordic and Baltic banking group
swedbank.comLast updated
In short: Swedbank settled money laundering probes with New York authorities for $50 million and reported stable but slightly lower 2026 profits.
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.
Swedbank AB () has held its Q4 earnings call. Read on for the main highlights of the call. Claim 50% Off TipRanks Premium. Unlock hedge...
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Goldman cuts DNB on margin pressure, lifts Swedbank on rate upside...
The Stockholm Stock Exchange closed in an irregular trend on Friday, when the reporting season peaked with a large number of heavyweights on the scene.
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