Swedbank makes provision for potential agreement with OFAC

REG

“We can now assess the financial impact. The dialogue with OFAC is good. But we cannot say when it will be concluded,” says Tomas Hedberg, Head of Special Task Force and Deputy CEO of Swedbank.

The investigations by the Department of Justice (DoJ), Securities and Exchange Commission (SEC), and Department of Financial Services in New York (DFS), are ongoing. Swedbank is holding separate discussions with them through our U.S. legal advisors.

The investigations are at different stages and the bank cannot at this time determine any financial consequences, nor when the investigations will be completed.

Contact:
Annie Ho                                                                     Unni Jerndal

Head of Investor Relations                                          Senior Advisor
annie.ho@swedbank.com                                           unni.jerndal@swedbank.com
+46 70 343 7815                                                         +46 73 092 1180

This disclosure contains information that Swedbank is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 10-03-2023 07:30 CET.

Datum 2023-03-10, kl 07:30
Källa Cision
200 kr till alla nya kunder! Just nu får alla nya kunder på Nordnet 200 kronor insatta i fonden Nordnet One Offensiv. Erbjudandet gäller mellan 1:e och 30:e september!
Investeringar i värdepapper och fonder innebär alltid en risk och det är inte säkert att du får tillbaka det investerade kapitalet