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Midweek Roundup: Ex-Swedbank Chief Faces Prison, Canada Ties Bank to Chinese Interference, and More

Birgitte Bonnesen, the former chief of Swedbank, has been sentenced to 15 months in prison for misleading investors and the public in 2018 about the lender's exposure to money laundering schemes in the Baltics, the Financial Times reported. More Canadian Finance Minister Chrystia Freeland alleged that three individuals who together hold a 73 percent stake in Wealth One Bank of Canada are vulnerable to coercion by the Communist Party of China and may have laundered funds for the country's foreign-interference operations, the Globe and Mail reported. More Misogynist social-media influencer Andrew Tate, who faces human trafficking and other charges in...

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