Fired CEO of Swedbank Is Cleared of Insider Trading Charges
- Lawyer says case dropped after 1 1/2-hour police interview
- Swedbank says it `welcomes' development; can now move on
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More than two months after being fired amid accusations of insider trading, the former chief executive officer of Swedbank AB has been cleared of any wrong-doing.
Michael Wolf, who was ousted from the helm of Sweden’s biggest mortgage lender on Feb. 9, had all charges against him dropped after a 1 1/2 hour interview with police last week, according to his lawyer, Leif Gustafson.