Tangen fears more bank collapses will follow after SVB and Credit Suisse

The CEO of Norway’s oil fund, Nicolai Tangen wants the fund to spend more resources on excluding inadequate companies from its portfolio.
Photo: Tony Colli/pr
Photo: Tony Colli/pr
By ida oftebro, translated by katrine gøthler

2022 was the worst year for the equity market since the financial crisis and the worst year ever for bonds. 

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