Dislike! Sustainable Fund Says Dump Facebook (Bloomberg)

    No responsible investor should own Facebook Inc. shares, according to the head of sustainable investing at the biggest bank in the Nordic region. That’s an unjustifiable overreaction.

    Sasja Beslik, who runs Nordea Bank AB’s sustainable finance unit, made the call to divest this week after Cambridge Analytica used data from as many as 87 million users of the social network without their knowledge or permission. He had already put the shares in “quarantine” in March.

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