Mon, Apr 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Aabar snaps up AIG Private Bank

Posted on 02 December 2008

From Thenational.ae: Aabar Investments, an Abu Dhabi-based investment company, will acquire AIG Private Bank from its parent company, the troubled American International Group (AIG), for 307 million Swiss francs (Dh931.2m).

The acquisition comes less than three months after the US government took emergency measures to rescue AIG from financial difficulties. “This transaction represents a great opportunity to leverage AIG Private Bank’s expertise in wealth management and to further develop it in our region,” said Khadem al Qubaisi, the chairman of Aabar….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930