Saturday, March 3, 2012

Abu Dhabi offers funds for bailout. (Bank of Credit and Commerce International)(International News) (Brief Article)

Abu Dhabi Offers Funds for Bailout

LONDON -- The Abu Dhabi shareholders of Bank of Credit and Commerce International are prepared to inject $4 billion to $5 billion into the bank if asked to do so by British authorities, according to a lawyer involved in attempts to reconstitute the bank.

Solicitor Sarosh Zaiwalla quoted the minister as having said that the shareholders would contribute to a rescue "if Prime …

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