March 15 2019
Once considered the safest of them all, Nordic banks are now navigating a world dominated by allegations of laundering.
Danske Bank A/S, Swedbank AB and Nordea Bank Abp, often via their Baltic operations, have all been tainted by claims that they handled vast amounts of money associated with crime. But the big risk now lies in the response, according to the head of the Financial Supervisory Authority in Finland, who oversees Nordea.