Wallenbergs Defend Their Bank Amid Dirty Russian Money Claim

SEB maintains that it hasn’t found any evidence of systematic laundering. Bloomberg’s Frances Schwartzkopff reports.(Source: Bloomberg)

November 26, 2019 at 4:55 PM UTC

Updated on

November 27, 2019 at 12:48 PM UTC

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The Wallenberg family has jumped to the defense of its bank, SEB AB, after it was accused of enabling Russian money laundering.