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Weekly Roundup: Swedbank Hid Mossack Fonseca Links, Deutsche Bank Weighs Compliance Against Bottom Line, and More

Swedbank's chief compliance officer sought to limit U.S. regulators' access to records detailing the Swedish lender's work with clients of now-defunct Panamanian law firm Mossack Fonseca, Global Investigations Review reported, citing internal emails. More Swedbank appointed Bank of Ireland executive Britta Hjorth-Larsen to lead its compliance efforts, The Wall Street Journal reported. More Deutsche Bank's commitment to spend more than €1 billion a year to fight financial crime is running counter to its parallel campaign to cut costs, Manager Magazin reported. More Financial regulators in Singapore fined Vistra Trust more than $800,000 for failing to subject higher-risk accounts and transactions...

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