The soggiest of paper hands, Sweden’s biggest

The soggiest of paper hands, Sweden’s biggest pension fund panics sells FRC on March 15 locking in $728 million loss

Upworthy

Published 21 Mar 2023

Sweden’s largest pension fund, Alecta, is facing losses of almost $2 billion as a result of a failed investment strategy that made it one of the biggest shareholders in two collapsed US banks and another that’s been caught up in the crisis. • None US Studies Ways to Insure All Bank Deposits If…

#sweden #crisisgrowsnone #buycreditsuisse #shutterbusiness #exitantventure #firstrepublicbank #magnusbilling #firstrepublics #alecta #swedes

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The soggiest of paper hands, Sweden’s biggest pension fund panics sells FRC on March 15 locking in $728 million loss

The soggiest of paper hands, Sweden’s biggest pension fund panics sells FRC on March 15 locking in $728 million loss

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