thanks for that i hadnt seen anyting on swfs before.(Original post by jamie19)
The SWFs have spotted an opportunity to get a cheap slice of a major bank, it's not that they're nervous about Citi falling apart, they have buckeloads of cash and Citi have given them v. favourable terms (see for example the ADIA investment). Companies in trouble often turn to SWFs.
Hurt or Heal? You decide