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