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HomeFinanceSweden's monetary watchdog mulls positive over IT incident at Swedbank

Sweden’s monetary watchdog mulls positive over IT incident at Swedbank

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STOCKHOLM, Oct 31 (Reuters) – Swedbank (SWEDa.ST) mentioned on Monday Sweden’s monetary supervisory authority was investigating an IT incident on April 28 and was assessing a potential sanction towards the financial institution over the incident.

The Swedish lender mentioned in a press release the incident had resulted in incorrect account statements for patrons.

“Swedbank has taken forceful measures to forestall this from taking place once more,” it mentioned.

Reporting by Anna Ringstrom, enhancing by Stine Jacobsen

Our Requirements: The Thomson Reuters Belief Rules.



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