Swedbank shares jump after DOJ closes investigation

Core Viewpoint - Shares in Swedbank experienced a significant increase following the conclusion of the U.S. Department of Justice's investigation into money laundering activities in the Baltics, which ended without any fines, thus alleviating the primary legal risk facing the bank [1] Company Summary - Swedbank's stock price rose sharply on Thursday, indicating positive market sentiment after the DOJ's decision [1] - The conclusion of the investigation removes a major legal threat that had been looming over Swedbank, potentially enhancing investor confidence [1]