| 12.09.2011 - Abu Dhabi backs Virgin's bid for 632 Lloyds bank branches |
| Abu Dhabi Investment Authority has been named as an investor backing Virgin Money in its bid for 632 branches of UK high street bank Lloyds, according to a report. The emirate's sovereign wealth fund, which has assets in excess of $600bn, could be the necessary ingredient to ensure Richard Branson’s company launches a successful tender, The Telegraphy daily said on Saturday..............................................Full Article: Source |