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Thursday, 29 November 2018

‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $500 Million in Value

Editor’s note: The article and headline have been updated with the correct figures for Storebrand’s market cap. Storebrand, a leading Norwegian financial services group worth more than $3 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an

The post ‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $500 Million in Value appeared first on CCN



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