Sweden’s financial watchdog mulls fine over IT incident at Swedbank

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Published: Oct 31, 2022, 07:22 UTC

STOCKHOLM (Reuters) - Swedbank said on Monday Sweden's financial supervisory authority was investigating an IT incident on April 28 and was assessing a possible sanction against the bank over the incident.

STOCKHOLM (Reuters) – Swedbank said on Monday Sweden’s financial supervisory authority was investigating an IT incident on April 28 and was assessing a possible sanction against the bank over the incident.

The Swedish lender said in a statement the incident had resulted in incorrect account statements for customers.

“Swedbank has taken forceful measures to prevent this from happening again,” it said.

(Reporting by Anna Ringstrom, editing by Stine Jacobsen)

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