STOCKHOLM—Swedbank AB fired its chief executive Thursday, a day after Swedish police raided the banking giant’s headquarters as part of a widening money-laundered scandal involving billions of dollars of suspicious money, mostly from Russia. Birgitte Bonnesen is the second CEO to leave a Scandinavian bank over money-laundering control troubles recently. Thomas Borgenresigned as CEO of Danske Bank in September as the Danish lender admitted it let over $230 billion in transactions, many of them suspicious, flow through its...

Source: Wall Street Journal March 28, 2019 09:43 UTC