Which Foreign Banks Have Large Exposures to Dubai World?
According to WSJ, European Banks’ UAE Exposure Totals $83.7 Billion. The breakdown is as follows: UK banks = $49.5B French banks = $11.3B German banks = $10.2B Dutch banks = $4.7B Swiss banks = $4.3B Italian and Belgian banks = $3.2B The British banks that have large exposure to Dubai World are:Â HSBC Holdings (HBC), …
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