UBS analyst Thomas Wadewitz downgrades Norfolk Southern (NYSE:NSC) from Buy to Neutral.
Mysterious Swedish Firm With Massive Investments In SIVB, SBNY And First Republic Reportedly Suffers Huge Losses
An unheard-of Swedish firm specializing in pensions, Alecta Tjanstepension Omsesidigt, owned more than 4% of Silicon Valley Bank and nearly 4% of First Republic National Bank (NYSE: FRC), likely leading to significant losses on its balance sheet.
