US DOJ closes investigation of Swedbank
ReutersJan 14, 2026 6:11 PM
Jan 14 (Reuters) - Swedbank SWEDa.ST said on Wednesday that the U.S. Department of Justice has closed its investigation into the bank without enforcement.
The investigation was initiated in 2019 and related to Swedbank's historical anti-money laundering work, the company said.
The bank was caught up in a regional money laundering scandal originating with Danske Bank DANSKE.CO, which said in 2018 that 200 billion euros ($232.90 billion) of suspicious funds moved through its Estonia branch between 2007 and 2015.
The Department of Financial Services in New York investigation is still ongoing, Swedbank said.
Swedbank also said it cannot at this time assess the potential financial impact or when the investigation will be concluded.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Netflix After the Warner Deal: What Investors Should Know
TradingKey - For quite some time now, Netflix (NFLX) has been regarded as the premier subscription-based streaming service in the world, with a well-established history of growth through creative use of pricing power, developing hit programming, and relying very little on outside sources for licensiTradingKey
9 hours ago
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion TreTradingKey
Mon, Feb 9
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.TradingKey
Fri, Feb 6
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
