Peters & Peters

Partner Anna Bradshaw is quoted by on Swedbank’s ongoing money-laundering investigation

An investigation by Swedbank into 50 legal entities which have been suspected of laundering money through its Baltic affiliates has been widely criticised as too narrow to identify the full extent of the scandal. Partner Anna Bradshaw says : ” Swedbank may have launched a more comprehensive review than announced Friday but chose not to communicate this publicly “. She further adds  “ I would expect the bank to be conducting a much more in-depth internal investigation, but that also means it could find itself in real difficulty if they were to disclose too many details at this stage”.    Read more