Skip to content
Subscriber Only

Murdered Central Banker’s Warning Changed Everything for SEB

Skandinaviska Enskilda Banken AB (SEB) bank branch in Latvia

Skandinaviska Enskilda Banken AB (SEB) bank branch in Latvia

Photographer: Andrey Rudakov/Bloomberg
Updated on

Not all money laundering scandals are equal.

When the world learned that billions in dirty funds had flowed through Danske Bank A/S and Swedbank AB, it proved disastrous for the two lenders. But when SEB AB was accused of similar offenses, people were more forgiving.