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Swedbank pulls ex-CEO's golden parachute over money laundering crisis

FILE PHOTO: A view of the Swedbank in Tallinn
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STOCKHOLM (Reuters) - Swedish lender Swedbank on Monday cancelled severance pay of its ex-CEO Birgitte Bonnesen after a report by its law firm said she failed to address deficiencies in the bank's anti-money laundering controls during her years at the helm.Sweden's oldest retail bank saw its share price fall by a third last year after details of the scandal - which also engulfed Danish peer..
Date Published: Mar 23, 2020
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