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Swedish pension fund Alecta dumps First Republic Bank shares after price plummets

March 21, 2023 by DIGIT
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The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.

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Categories Banking, pensions, Sweden
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  • bitcoinBitcoin(BTC)$104,356.00-2.52%
  • ethereumEthereum(ETH)$3,869.46-3.47%
  • rippleXRP(XRP)$2.53-4.93%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$716.27-0.68%
  • solanaSolana(SOL)$216.72-2.46%
  • dogecoinDogecoin(DOGE)$0.386624-4.65%
  • usd-coinUSDC(USDC)$1.000.03%
  • staked-etherLido Staked Ether(STETH)$3,863.40-3.47%
  • cardanoCardano(ADA)$1.04-5.64%