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Sovereign Wealth Funds Briefing - Categorized | Market

Australia Future Fund: Global banking sector still faces risks

Posted on 22 October 2009

From Dow Jones: Australia’s Future Fund Chairman David Murray said Thursday the financial system has reached a point of “reasonable” stability but that the global banking sector still faces risks.

Murray, who was chief executive of Commonwealth Bank of Australia (CBA.AU) before taking the helm of Australia’s sovereign wealth fund, said certain banks globally still may have writedowns to report……………………Full Article: Source


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