DUBAI (Reuters) - By holding out against Glencore's bid for mining giant Xstrata , Qatar is not just gunning for more profit from its stake, but showing Western financiers it won't be pushed around.
Showing posts with label Gulf Sovereign Wealth Funds. Show all posts
Showing posts with label Gulf Sovereign Wealth Funds. Show all posts
Friday, September 7, 2012
Tuesday, September 27, 2011
GCC Sovereign Wealth Funds monitor European opportunities
The eurozone is in crisis, and many expect that Middle East money will be used to help bail out struggling European banks and even governments. But with no guarantees the eurozone will even survive its current troubles, might Gulf Sovereign Wealth Funds be reluctant to help out this time around?
Two of Greece's biggest banks are in advanced talks over a merger, which would see Alpha Bank, the country's second-largest bank, take over Eurobank, which failed recent stress tests designed to calculate how the institutions would cope in any future financial meltdown.
Two of Greece's biggest banks are in advanced talks over a merger, which would see Alpha Bank, the country's second-largest bank, take over Eurobank, which failed recent stress tests designed to calculate how the institutions would cope in any future financial meltdown.
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