Swedbank proposes board revamp after money laundering scandal
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STOCKHOLM (Reuters) - Swedbank's election committee proposed on Wednesday to replace half of the bank's board members after a money laundering scandal that has rocked the lender and seen it lose around a third of its market value over the past 15 months.The committee proposed re-election of chairman Goran Persson, a former Swedish prime minister. Persson was elected in the summer after both the chairman and the CEO had left the bank following a money laundering scandal stemming from the bank's..