Economics
Riksbank Chief’s Portfolio Prompts Ethics Concern in Echo of Fed
- Filings by Ingves and Skingsley detail ownership of shares
- Neither was involved in choosing companies for bond purchase
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Riksbank Governor Stefan Ingves and his deputy directly hold stock in Swedish companies whose bonds have been bought by the central bank’s asset-purchase program, an overlap that some ethics experts say shouldn’t be allowed.
Both Ingves and First Deputy Governor Cecilia Skingsley own shares in a number of firms whose corporate debt is eligible for acquisition under a quantitative-easing initiative they unveiled last year, according to their most recently released filings submitted to parliament.