Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’

Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’

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Coinspeaker Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’ Swedish pension fund Alecta recently offloaded its First Republic Bank (NYSE: FRC) shares following the latter’s massive drawdown. The leading Swedish pension fund was the fifth-largest shareholder at the embattled…

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