Finance
US Doj Closes Investigation of Swedbank
Published by Global Banking & Finance Review®
Posted on January 14, 2026
1 min readLast updated: January 19, 2026
Add as preferred source on GoogleGlobal Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 14, 2026
1 min readLast updated: January 19, 2026
Add as preferred source on GoogleThe DOJ has closed its investigation into Swedbank without enforcement actions, concluding a probe into the bank's anti-money laundering practices.
Jan 14 (Reuters) - Swedbank said on Wednesday that the U.S. Department of Justice has closed its investigation into the bank without enforcement.
The investigation was initiated in 2019 and related to Swedbank's historical anti-money laundering work, the company said.
(Reporting by Fabiola Arámburo in Mexico City; Editing by Shailesh Kuber)
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.
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.
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