STOCKHOLM (Reuters) - Swedbank said on Monday that it will release the results of an external investigation into allegations of involvement in a Baltic money laundering scandal on Friday.
Swedbank is one of several banks pulled into a widening scandal engulfing Danske Bank, whose Estonian branch was used for some 200 billion euros (171.2 billion pounds) of suspicious payments between 2007 and 2015.
Forensic Risk Alliance (FRA) was hired by Swedbank last month to investigate allegations in the media that at least 40 billion Swedish crowns (3.3 billion pounds) of suspicious payments moved between its Baltic accounts and Danske Bank's in 2007-2015.
Swedbank hired FRA after investors applied pressure for an independent probe into the media report.
(Reporting by Esha Vaish in Stockholm; Editing by Alexander Smith)
