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Abu Dhabi scours for global banking deal armed with $1 trillion americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Over the past year, the oil-rich emirate of Abu Dhabi has explored a string of ambitious acquisitions in the international banking sector in an attempt to become a global financial powerhouse. None have panned out so far. Most Read from BloombergThese Are World’s Most Expensive Cities for High-Class LivingNoises Detected in Search for Titanic Sub as Oxygen DwindlesHedging Failure Exposes Private Equity to Interest-Rate SurgeWhat We Know About the Missing Titanic SubmersibleTitanic