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Swedbank CEO Defends Client Privacy Amid Dirty-Money Probes

Jens Henriksson
Jens HenrikssonPhotographer: Hamilton/REA via Redux
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The new chief executive officer of Swedbank AB says he’s all for transparency, after his predecessor misled the public about money laundering and was fired. But he also made clear he won’t do anything to diminish client privacy.

Jens Henriksson, the 52-year-old chosen by Swedbank’s board to steer it through multiple probes into allegations it handled more than $100 billion in potentially suspicious transactions, says transparency is a goal, but “within the existing restrictions.”