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Sovereign Wealth Funds Briefing - Categorized | Market

Citi looks to rebuild relationships in Gulf

Posted on 19 March 2010

From Gulfnews.com: Citigroup has operated in the Arab world for almost 50 years and the Gulf came to the rescue of the embattled bank in the early stages of the credit crunch when the sovereign wealth funds of Abu Dhabi and Kuwait pumped billions into the US-based lender.

However, the relationships with two of the world’s largest institutional investors have since soured………………………………..Full Article: Source

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