Finance
US DOJ closes investigation of Swedbank
Published by Global Banking and Finance Review
Posted on January 14, 2026
Swedbank's DOJ Investigation Concludes Without Enforcement Actions
Closure of Swedbank's DOJ Investigation
Jan 14 (Reuters) - Swedbank said on Wednesday that the U.S. Department of Justice has closed its investigation into the bank without enforcement.
Background of the Investigation
The investigation was initiated in 2019 and related to Swedbank's historical anti-money laundering work, the company said.
Implications for Swedbank
(Reporting by Fabiola Arámburo in Mexico City; Editing by Shailesh Kuber)
Frequently Asked Questions about US DOJ closes investigation of Swedbank
1What is anti-money laundering?
Anti-money laundering (AML) refers to laws and regulations designed to prevent the practice of generating income through illegal actions. Financial institutions are required to monitor transactions and report suspicious activities.
2What is an enforcement action?
An enforcement action is a legal action taken by a regulatory agency to enforce compliance with laws and regulations. This can include fines, penalties, or other legal measures against individuals or organizations.
