Swedbank sees Q1 loss as costs, COVID-19 weigh
Swedbank will
report a first-quarter loss due to rising costs, credit
impairments related to the COVID-19 outbreak, as well as a
previously announced fine after a money laundering-related
investigation, it said on Wednesday.
report a first-quarter loss due to rising costs, credit
impairments related to the COVID-19 outbreak, as well as a
previously announced fine after a money laundering-related
investigation, it said on Wednesday.
Posted by Reuters
