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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)$90,893.00-0.36%
  • ethereumEthereum(ETH)$3,116.39-2.28%
  • tetherTether(USDT)$1.00-0.24%
  • solanaSolana(SOL)$233.395.64%
  • binancecoinBNB(BNB)$630.970.38%
  • rippleXRP(XRP)$1.081.51%
  • dogecoinDogecoin(DOGE)$0.367382-2.51%
  • usd-coinUSDC(USDC)$1.00-0.13%
  • staked-etherLido Staked Ether(STETH)$3,114.77-2.24%
  • cardanoCardano(ADA)$0.72-4.23%