The New York State Department of Financial Services (DFS) secured a $50 million penalty from Swedbank AB and its New York branch in a case in which the regulator alleged that the bank withheld information from investigators.
New energy group EPSO-G (legal entity code 302826889, registered office address: Laisvės pr. 10, Vilnius, Lithuania) New energy group EPSO-G and Swedbank in Lithuania have signed two credit facility agreements totaling EUR 160 million.
Swedish banking group Swedbank on Wednesday reported first-quarter net profit in line with estimates and said the economic outlook was uncertain due to the conflict in the Middle East.
Sweden's Supreme Court on Tuesday acquitted former Swedbank CEO Birgitte Bonnesen over her handling of the bank's anti-money laundering work, overturning the guilty verdict of a lower court that had sentenced her to 15 months in prison.
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