Nordea: We are not under money-laundering investigation. Swedbank: Neither are weStaff Writer | October 4, 2018
Nordea, the Nordic region's biggest bank, is not under investigation related to money laundering in the Baltics, the bank said on Thursday.
Europe Danske Bank earlier on Thursday said it was being investigated
"To the best of our knowledge, Nordea is not under investigation from authorities related to money laundering in the Baltics," a Nordea spokeswoman said in an email.
Sweden's Swedbank said on Thursday that there were no ongoing investigations into its anti-money laundering procedures, a day after its shares slumped on worries about cross-border transactions by banks in Estonia.
"There are currently no ongoing investigations into our bank from any of our regulators concerning anti-money laundering practices," Swedbank said in a statement. ■