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.”
2025-09-17T17:20:00Z By Adrianne Appel
A Florida seafood company executive has pleaded guilty to conspiring with competitors to fix the prices he paid to local fishers, an effort that impacted more than $8 million in wholesale fish and cut the pay of hundreds of fishermen, the Department of Justice said.
2025-09-16T20:11:00Z By Adrianne Appel
The former CEO of a Georgia clothing business faces 25 years in prison for bribing Honduran officials to win $10 million in uniform contracts in Honduras, after being caught up in a Department of Justice Anticorruption Task Force.
2025-09-12T19:40:00Z By Oscar Gonzalez
The DOJ sued Uber Thursday, alleging it violated the Americans with Disabilities Act (ADA) by denying people with disabilities equal access to its services.
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