Previous Close | 3.2400 |
Open | 3.0000 |
Bid | 0.0000 x 800 |
Ask | 0.0000 x 800 |
Day's Range | 2.5100 - 3.0000 |
52 Week Range | 0.0003 - 3.6000 |
Volume | |
Avg. Volume | 482,090 |
Market Cap | 204.666M |
Beta (5Y Monthly) | 9.71 |
PE Ratio (TTM) | 0.16 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jan 26, 2023 |
1y Target Est | N/A |
Alecta, the subject of two ongoing probes by the Swedish Financial Supervisory Authority (FSA) over risk taking, said in a statement its deputy board chair, Jan-Olof Jacke, will lead the board until a permanent candidate is elected. "In a situation where there has been too much focus on my person, I have decided to resign," Ingrid Bonde said in a statement. Alecta's board in April fired its CEO, and the FSA launched a probe, after it lost 19.6 billion Swedish crowns ($1.78 billion) from holdings in U.S. lenders First Republic Bank, Silicon Valley Bank and Signature Bank as those collapsed.
Sheila Bair, Former FDIC Chair and Senior Fellow to the Center for Financial Stability, discusses bank executives' testimonies and reasons behind the regional banking failures, including interest rate risk management, the role of social media, and deposit runs.
Former FDIC Chair Bill Isaac joins Yahoo Finance Live to discuss regional banking failures, including SVB and Signature Bank, banking executives' testimonies in Congress, advice for banking regulators, and the likelihood of future banking failures.