SEB's profit destroyed by FSA fine – AUM down by SEK 132bn since turn of the year

After a massive dive in March, SEB's AUM improved in the second quarter. Net operating profit at the division SEB IM & Group Function rebounded to a positive territory, only to be eradicated by an anti-money laundering fine from the Swedish FSA. (corrected)

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

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