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sweden

A collection of 2 posts

Sweden's biggest pension fund Alecta had its $609 million investment in SVB drop to just $279 million

Per CNBCTV18 Alecta, Sweden's biggest pension fund, has lost money on Silicon Valley Bank. The fund's initial investment was $609 million, but after the bank collapsed, it was worth just $279 million. Aleca reportedly oversees assets worth over $104 billion, and in 2022, the fund decided

Finland and Sweden are Ready to Join NATO Alliance, Says US: Country Gets In Without Support from Turkey

Per Reuters The US says that Finland and Sweden are now ready to join the North Atlantic Treaty Organization (NATO) alliance even after Turkey announced that it would not support the decision. The approval comes a year after both countries filed to join following the invasion of Ukraine. In an