Here's how SVB's collapse is reverberating around the world

Silicon Valley Bank became the biggest US lender to fail in more than a decade, creating fears of contagion in tech and finance sectors in the US and around the world.

Destroyed Silicon Valley Bank logo is seen in this illustration taken March 13, 2023. | Photo: Dado Ruvic/Reuters/Ritzau Scanpix

By Bloomberg News

US regulators took extraordinary measures to shore up confidence in the financial system, part of a frantic weekend that saw the surprise closure of New York’s Signature Bank along with mounting concerns about spillover effects to other regional lenders and the wider economy.

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Following Ingrid Bonde's resignation, Jan-Olof Jacke has been appointed acting chair of Alecta's board. | Foto: Evelina Carborn / Alecta PR

Pension

Bonde was losing support at Alecta prior to departure, Swedish daily reports

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Castellum's Danish country manager to join Norwegian pension investor

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Adam Kybird is the fund manager of the Triodos Food Transition Europe Fund. | Foto: PR/Triodos

Fund Management

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70 companies are part of the Science Based Targets climate initiative. | Foto: Jens Dresling

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Two Danish pension funds first in the world to receive approval from climate initiative

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Ingrid Bonde has stepped down as chair of Alecta's board. | Photo: Evelina Carborn / Alecta PR

Pension

Alecta’s chair resigns from board of the troubled Swedish pension giant

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Pension

Storebrand maintains its first municipal pension deal

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Swedish FSA to investigate Alecta’s Heimstaden investment

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Fund Management

Impact pioneer eyes investor appetite for a food revolution

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Responsible Investing

Two Danish pension funds first in the world to receive approval from climate initiative

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Pension

Alecta’s chair resigns from board of the troubled Swedish pension giant

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Charlotte Mansson (left) and Elisabeth Sterner are BlackRock's head of sustainable & transition solutions, Nordics and Netherlands, and head of Nordics, respectively. | Photo: BlackRock PR / Jeppe Carlsen / Håkan Målbäck

Responsible Investing

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