Bank scandal spreads further

New York’s financial regulator is asking two Nordic banks for detailed information about their transactions with Danske Bank as part of a burgeoning investigation into global money laundering.

The two banks, Nordea Bank of Finland and SEB of Sweden, must also give New York’s Department of Financial Services (DFS) more information about their work with Mossack Fonseca, a law firm that set up tax shelters for wealthy individuals around the world, according to a source, citing letters sent to the banks this week.