Live on Bloomberg TV

00:00SWEDEN. PAUL MANAFORT RECEIVED DUBIOUS PAYMENTS THROUGH THE STOCKHOLM-BASED LENDER. JOINING US NOW IS A BLOOMBERG OPINION COLUMNIST. IT HAS BEEN A BUSY DAY FOR THE BANK ONCE AGAIN. WE SEE THE LATEST ALLEGATIONS COMING OUT OF SWEETEST MEDIA. THE ONE THAT -- OUT OF SWEDISH MEDIA. THE ONE THAT STUCK OUT IS THE BANK CANNOT BEEN ON THE UP AND UP WITH U.S. AUTHORITIES AND THAT IS SOMETHING YOU DO NOT WANT TO DO. > > LOTS OF MOVING PARTS AND THE RAIDS WERE NOTHING TO DO WITH MONEY LAUNDERING BUT WERE RELATED TO POTENTIAL ALLEGATIONS OF INSIDER TRADING. THAT WOULD BE BECAUSE MANAGEMENT HAD MADE SOME SHAREHOLDERS ON THE MONEY LAUNDERING ALLEGATIONS. THAT IS MORE FOR MANAGEMENT CONCERN THERE. TO BE TRUE -- U.S. REGULATORS, THAT WOULD BE A DIFFERENT CIRCUMSTANCE THAN THE MONEY LAUNDERING ITSELF. VONNIE: WHAT WE KNOW ABOUT THE REPORT OF PAUL MANAFORT CONNECTION? ELISA: WE KNOW THIS PAYMENT WOULD HAVE GONE THROUGH AND IT WOULD BE PART OF A LARGE SUM. LAST WEEK THE ALLEGATIONS WERE OF A NUMBER CLOSER TO $10 BILLION OF SUSPICIOUS PAYMENTS OVER A NUMBER OF YEARS AND NOW THAT NUMBER SEEMS TO HAVE SWELLED TO AS MUCH AS $20 BILLION A YEAR. THIS WOULD BE PART OF A WIDER SCALE ISSUE. GUY: WE WILL LEAVE IT THERE.

No schedule data available.

Swedbank Headquarters Raided as Alleged Manafort Link Emerges

The headquarters of Swedbank AB were raided Wednesday morning amid reports that U.S. authorities are now investigating the bank. Paul Manafort, the convicted felon and former campaign manager to President Donald Trump, is said to be among those to have received suspicious payments from the lender. Bloomberg Opinion columnist Elisa Martinuzzi reports on "Bloomberg Markets: European Close." Her opinions are her own. (Source: Bloomberg)

More From bloomberg-markets-european-close
All episodes and clips