- UBS $11.5 billion $9.5 from Singapore and $2 billion from an unnamed Middle Eastern investor
- Citigroup $7.5 billion from Abu Dhabi
- Morgan Stanley $5 billion from China Investment Corp (CIC)
- Merrill Lynch $5 billion from Singapore's Temasek
Dubai said it would take a 19.9% stake in the Nasdaq exchange, and the 28% stake in the London Stock Exchange (LSE); then NDAQ would get the Nordic exchange (OMX). But during trading yesterday Qatar spent $1.37 billion buying 20% of the LSE, and $470 million to take down 10% of the OMX, trying to scuttle Dubai's plans. Do you think these sovereign wealth funds are buying stock exchanges if they're not bullish?Abhu Dubai's investment arm, Mubadala Development Co. picked up a 7.5% stake in Carlyle Group for $1.35 billion. Those that think the money from oil just flows into gilded palaces better reasses this global economy. And consider the impact of this money on equity prices around the world.