![Sweden’s Largest Pension Fund Sells All First Republic Bank Shares at a Loss](https://cdn.newsserve.net/ONPglobe256.png)
Sweden’s Largest Pension Fund Sells All First Republic Bank Shares at a Loss
Sweden’s largest pension fund, Alecta, has sold all First Republic Bank shares at a $728 million loss, according to Yahoo. Moreover, the move follows the recent rescue efforts taken by some of the largest banks in the United States following its plummeting stock prices. The past few weeks have…
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