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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Research

Experts say SWFs should not help to recapitalise US banks

Posted on 11 May 2009

From Channelnewsasia.com: Experts said sovereign wealth funds (SWFs) are not expected to play an active role in the re-capitalisation of US banks in the short term, because many of these funds have been severely hit by the financial crisis.

Stress test results show that 10 financial institutions in the US have to raise some US$75 billion to boost their capital…….Full Article: Source


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