Swedbank, Facing Money-Laundering Probe, Hires New CEO

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Swedbank, Facing Money-Laundering Probe, Hires New CEO
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Swedbank hired a banking industry veteran as CEO to rebuild trust in the company following a money-laundering scandal

Mr. Henriksson, most recently with Swedish insurance company Folksam, is expected to join the Scandinavian bank “as soon as possible,” succeeding acting president and CEO Anders Karlsson, who will return to his post as chief financial officer, the Stockholm-based lender said.

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