A new anti-money laundering centre housed in the Baltic state’s central bank is growing and hiring fast. It aims to turn Lithuania into an AML hub – and to address and reverse the region’s questionable reputation.

Naysayers were swift to condemn Lithuanian involvement in the German scandal.

After a lifetime in Vienna, Peter Bosek has moved 1,600 kilometres north to head up Blackstone’s banking operation in the Baltics. He talks to Euromoney about life in Tallinn, how to take advantage of millennials’ new-found enthusiasm for investment and what banks can learn from Netflix.