IBGC in the News

Prof. Schena Quoted in Wall Street Journal

Middle-East Investors Unlikely to Play White Knight Again for European Bank
by John Letzing and Simon Clark

In addition, there is a political risk for sovereign-wealth funds seen propping up big banks with large investments, according to Patrick Schena, an adjunct professor at the Fletcher School of Law and Diplomacy at Tufts University.

“There is a very fine line between being an investor of last resort and being involved in a rescue or bailout,” Mr. Schena said.

Read the full article with quotes from Prof. Schena in the Wall Street Journal

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