Cryptopolitan
2023-03-21 16:42:48

Sweden’s largest pension fund sells entire shares in First Republic Bank at a $728 million loss

Sweden’s largest pension fund, Alecta, has sold its shares in First Republic Bank at a staggering loss of $728 million. This follows the recent rescue efforts taken by some of the biggest banks in the US after First Republic’s plunging stock prices. The closure of Silicon Valley Bank caused a crisis in the US banking … Sweden’s largest pension fund sells entire shares in First Republic Bank at a $728 million loss Read More »

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