Once Scorned, Sovereign Investors Take Another Look at U.S. Banks

Posted on 03/17/2017


Remember when sovereign funds bailed out many of the large global banks during the 2007-2008 financial crisis. For several wealth funds, such as the Korea Investment Corporation (KIC), the massive bank bailouts have been a drag on annual portfolio performance. The Abu Dhabi Investment Authority (ADIA) even pursued litigation over Citigroup regarding its US$ 7.5 […]