Bloomberg A criminal probe tied to money laundering allegations engulfing Swedbank AB drew sharp recriminations from both sides over the weekend, and raised serious questions about the role of the board. After the prosecutor accused Sweden’s biggest mortgage bank of refusing to hand over key information, Swedbank’s lawyers responded with claims that investigators were ignoring the norms of Swedish law. …

Bloomberg Switzerland has room for further easing, though fiscal policy needs to be better utilised to boost long-term growth, according to the International Monetary Fund (IMF). The Swiss National Bank (SNB) is using some of the world’s lowest interest rates and a threat to intervene in currency markets to stem appreciation on the franc. Yet even with a deposit rate …

Bloomberg A German banking app backed by billionaires Peter Thiel and Li Ka-shing is trying to woo young consumers with free current accounts as it expands outside Europe. In a change of strategy, N26 has decided not to offer its clients a wide range of other banking products for now, preferring to build up its international customer base first. “Regional …