Swedbank Slashes Dividend as Baltic Laundering Probes Drag On

The transcript covers an interview with Swedbank's CEO discussing the bank's decision to reduce its dividend payout ratio due to increased capital requirements and the need to maintain a safety buffer. The CEO addresses the ongoing money laundering investigation, stating that while fines may be paid, the bank remains committed to being viewed as a low-risk institution. The discussion also touches on the potential impact of appointing a CEO from outside the bank and the challenges posed by negative interest rates. Despite the scandal, the CEO notes limited client loss and emphasizes efforts to strengthen customer relations.

What does Mr. Carlson suggest is important for Swedbank to maintain in the eyes of its customers and stakeholders?

How does Mr. Carlson describe the current situation of negative interest rates?

What are the broader economic factors that Mr. Carlson mentions that could affect Swedbank?