SEB agrees to pay USD 33 million to settle New York anti — money laundering review

SEB will pay USD 33 million to settle the New York State Department of Financial Services' review of historical anti-money laundering procedures. The review covered customer due diligence and transaction monitoring in Baltic operations during 2015-2019. The charge will be recorded in fourth-quarter 2026 operating expenses, with limited financial impact expected; the full-year cost target remains unchanged. The U.S. Department of Justice closed its review without action, concluding U.S. matters concerning the bank's historical anti-money laundering measures. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEB — Skandinaviska Enskilda Banken AB published the original content used to generate this news brief via Cision (Ref. ID: 20261015:BIT:4099:0) on October 15, 2026, and is solely responsible for the information contained therein. (C)