Swedbank AB (SWED-A.SK) may have violated U.S. sanctions against Russia by facilitating the transfer of around 10 million Swedish kronor ($1.0 million) from gun maker Kalashnikov to a U.S. subsidiary in Florida, according to a report by Swedish state broadcaster SVT.
Wall Street Journal: Swedbank may have breached Russian sanctions
People line up to withdraw cash at a Swedbank automatic teller machine (ATM) in Riga on Dec. 12, 2011.
