Swedbank chairman quits over money laundering scandal
STOCKHOLM (Reuters) – Swedbank Chairman Lars Idermark has quit only a week after the lender’s chief executive was ousted over…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
Australia’s CommBank accepts record penalty in money-laundering case
SYDNEY (Reuters) – Commonwealth Bank of Australia (CBA) (CBA.AX) agreed to a record penalty of A$700 million ($529.3 million) to…