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KM Financial Solutions | UPDATE 1-Swedbank swings to Q1 loss on Baltic fine, coronavirus hit
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UPDATE 1-Swedbank swings to Q1 loss on Baltic fine, coronavirus hit

22 Apr UPDATE 1-Swedbank swings to Q1 loss on Baltic fine, coronavirus hit

Posted at 05:46h in News by
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Swedish bank Swedbank
on Thursday reported its first quarterly loss since
2009, as it was hit by both coronavirus-related credit losses
and a record fine for poor anti-money laundering controls.

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