SEB reaches final resolution with New York DFS
SEB•SEB will pay $33 million under a final resolution with the New York Department of Financial Services regarding its Baltic operations from 2015 to 2019. The cost will be recognized in fourth-quarter 2026 operating expenses, and the U.S. Department of Justice concluded its review without action.
1. Resolution reached
Skandinaviska Enskilda Banken said it reached a final resolution with the New York Department of Financial Services regarding its Baltic operations from 2015 to 2019. The bank will pay $33 million, which it expects to recognize in fourth-quarter 2026 operating expenses.
2. DOJ review ends
The U.S. Department of Justice concluded its review without taking any action.
