It has been a tumultuous few weeks for Swedbank as it fends off several investigations, including for money laundering and insider trading.
On 28 March, Swedbank’s board of directors said it dismissed Chief Executive Officer Birgitte Bonnesen amid allegations that the bank was used to launder billions of dollars out of Russia under her watch. At the same meeting, the board appointed current CFO Anders Karlsson as acting president and CEO.
