In 1995, this bank was listed on the Stockholm Stock Exchange and in 1997, it merged with Föreningsbanken under the combined name FöreningsSparbanken (abbreviated FSB).
During the 2007–2008 financial crisis, Swedbank accepted government assistance due to its losses from loans made to neighboring Baltic economies.
Swedbank has close cooperation with about 60 local, but still independent, savings banks who chose not to join during the 1992 merger.
Two relatively large independent savings banks, including the one in Skåne, have chosen not to cooperate with Swedbank and continue to use the logo used by Sparbanken before the merger with Föreningsbanken.
[7] On 20 February 2019 Swedish broadcaster SVT revealed that Swedbank is under investigation for alleged link in money laundering scandal by Estonian authorities due to suspicious transactions through Danske Bank which is being investigated in Denmark, Estonia, Britain, France and the United States.
[9] Chief executive Birgitte Bonnesen was fired in March 2019 during the money laundering scandal[4] and her severance pay was cancelled.
[10] Swedish appeals court found in September 2024 former Swedbank CEO Birgitte Bonnesen guilty of gross fraud over her handling of anti-money laundering protocols in Estonia, sentencing her to 15 months in prison.
Cooperation and support has been received from Swedbank since 2005 to promote the development of education in Latvia by donating to student events and activities.