By Kyle Brasseur2024-03-04T11:28:00
The Estonian branch of Swedbank is no longer under investigation regarding suspected money laundering and other criminal activities.
The Sweden-based banking group announced Thursday the Estonian Public Prosecutor’s Office completed its probe into Swedbank AS after determining “no crime has been committed.”
“With the decision of the prosecutor in Estonia, we can leave yet another investigation of historical shortcomings behind us,” said Tomas Hedberg, head of special task force and vice president of Swedbank, in a press release.
2023-06-20T19:00:00Z By Jeff Dale
Swedbank Latvia agreed to pay more than $3.4 million to resolve apparent U.S. sanctions violations in the Crimea region of Ukraine, the Office of Foreign Assets Control announced.
2022-03-15T14:40:00Z By Kyle Brasseur
The Estonian branch of Swedbank has been summoned for interrogation as part of a probe into suspected money laundering and other criminal activities.
2020-03-20T15:07:00Z By Jaclyn Jaeger
Swedbank AB has been issued a record 4 billion Swedish Krona (U.S. $390 million) administrative fine for what Sweden’s financial watchdog called “serious deficiencies in its management of the risk of money laundering in its Baltic operations.”
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
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