28.09.2011 - Are Middle East sovereign wealth funds going to bail out Europe and its banks?
As the sovereign debt crisis in Europe continues to unfold, talk about bank recapitalization has led to rumors that foreign investment vehicles would come to the rescue. After reports that China might buy peripheral debt, Nomura analyzes the possibility of Middle East sovereign wealth funds (SWFs) jumping in, and concludes the hurdle will be much higher than in the crisis of 07-08..............................................Full Article: Source
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