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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Financials, Investment, Market

Libya sovereign fund: Cbank handles Unicredit ties

Posted on 22 September 2010

From Reuters: The chief executive of Libya’s sovereign wealth fund said on Tuesday all relations between Libya and Italian lender Unicredit (CRDI.MI) were handled by the Libyan central bank.
Both the central bank and Libyan Investment Authority (LIA) hold stakes in Unicredit whose management has said the growing Libyan shareholdings did not violate bank rules because they were independent of each other……………………………………….Full Article: Source


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