Post by: newshunter on March 22, 2023, 01:00:34 PM
The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.
Source: Swedish pension fund Alecta dumps First Republic Bank shares after price plummets (https://cointelegraph.com/news/swedish-pension-fund-alecta-dumps-first-republic-bank-shares-after-price-plummets)
Would appreciate your opinion about this