Murdered Central Banker’s Warning Changed Everything for SEB

Skandinaviska Enskilda Banken AB (SEB) bank branch in Latvia

Photographer: Andrey Rudakov/Bloomberg
Lock
This article is for subscribers only.

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.