TheNew York Department of Financial Services is investigating , ,Skandinaviska Enskilda BankenAB and Swedbank AB(publ) over their involvement with Panama-based law firm MossackFinseca, Svenska Dagbladet reported.

Theregulator, which reportedly has been questioning the banks following thePanama Papers dataleaks in early April, could strip the Swedish companies of their bankinglicenses in New York if evidence is found that they worked with the law firm tohelp clients evade taxes, the report said.