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ANALYSIS: Inside Swedbank as Baltics AML nightmare began to descend; emails reveal fears of compliance chiefs

By Elizabeth Hearst for AMLi

EMAILS released by Swedish prosecutors as part of the case against former Swedbank CEO Birgitte Bonneson reveal their fears they could be drawn into the scandal that was engulfing Danske Bank in 2018.

The correspondence show officials concerned the lender would be “in focus”, if rival-bank Danske was sanctioned in connection with the multi-billion dollar Estonian money laundering scandal. 

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