Swedbank's nomination committee has proposed former prime minister Goran Pe...
STOCKHOLM - Swedbank’s nomination committee has proposed former prime minister Goran Persson as chairman of the Swedish banking group, which has spent recent months contending with the fallout of alleged money laundering in its Baltic business.
“Goran has an impressive list of achievements, a broad international contact network and experience of financial operations,” Lennart Haglund, chairman of the bank’s nomination committee, said in a statement on Sunday. The Swedish broadcaster SVT has since reported that Swedbank processed gross transactions worth up to 20 billion euros a year from high-risk, non-resident clients, mostly Russian, through its own Estonian branch from 2010 to 2016.
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