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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

RBS senses salvation as Kuwait comes calling

Posted on 09 June 2011

One of the Middle East’s largest sovereign wealth funds has said it is interested in buying a stake in The Royal Bank of Scotland when the British government begins to sell down the state’s holding in the lender.
The Kuwait Investment Authority, which manages funds worth nearly $US300 billion ($281 billion), said it had met RBS representatives and was keen to look at investing in the bank………………………………………..Full Article: Source


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