All transactions of Swedbank’s shares were suspended on 29 March after the company’s CEO Birgitte Bonnesen was dismissed after the bank became embroiled in a €135 billion money laundering scandal.
As the investigation is ongoing, the head of the Swedish Shareholders’ Association demanded the resignation of the entire board. Over the last six weeks, Swedbank has lost a third of its market value.
Bonnesen told the Swedish daily Expressen that she was proud of everything she had done for Swedbank...
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