08.11.2016 - Qatar SWF mulls Monte dei Paschi's $5.5bn cash call
Qatar's sovereign wealth fund is considering an anchor investor role in the world's oldest bank. Qatar's sovereign wealth fund has expressed a preliminary interest in backing Monte dei Paschi di Siena's 5 billion euro ($5.56 billion) emergency cash call, two sources familiar with the matter said, although the response from investors in general has been lukewarm. Qatar Investment Authority (QIA), estimated by industry tracker Sovereign Wealth Fund Institute to hold $256 billion of assets, has made investments in high-profile European assets such as Credit Suisse and Volkswagen.............................................Full Article: Source
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