Swedbank cuts management team in revamp after laundering probe
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(Reuters) - Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money laundering scandal in its Baltic branches sent its shares down 40% in the past year.Helo Meigas will leave the bank along with head of Baltic Banking Charlotte Elsnitz, the bank said in a statement on Monday. Gunilla Hallros and Jon Lidefelt will take over, respectively, in an interim capacity. The search for permanent replacements has already..