Clifford Chance to present final report on Swedbank on 23 March, 2020

The international law firm Clifford Chance has, on behalf of the Board of Swedbank, analysed the bank’s work on anti-money laundering.

The investigation includes customers, transactions and activities from 2007 through March 2019 and how the bank has handled internal and external information disclosures. Clifford Chance has also assessed Swedbank's historical response to previously identified deficiencies. 

On 23 March, at 10:00 am CET, Clifford Chance will present its report at a press conference.

Following the press conference, Chairman of the Board Göran Persson, and President and CEO Jens Henriksson, will comment on Clifford Chance’s report and answer questions from media.

The press conference and the Q&A session with Göran Persson and Jens Henriksson will be held at Swedbank’s head office at Landsvägen 40, Sundbyberg. It will also be possible to follow via webcast on www.swedbank.com.

The press conference and the Q&A session will be held in English. Individual interviews with Swedbank’s representatives can be conducted in Swedish.

Analysts and investors are welcome to contact the Investor Relations department, ir@swedbank.com, for meeting inquiries.

Clifford Chance’s report will be available at www.swedbank.com from 8:00 am CET, March 23.

To attend the press conference, press pass or equivalent is required.

Contact:
Unni Jerndal, Press Officer, Swedbank, ph. + 46 73 092 11 80

Swedbank encourages a sound and sustainable financial situation for the many households and businesses. As a leading bank in our home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 168 branches in Sweden and 99 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 31 December, 2019 the group had operating profit of 24 420 SEKbn. Read more at www.swedbank.com

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