Abu Dhabi May Buy Stake in RBS or Lloyds, Financial Mail Says

Abu Dhabi’s royal family held talks with senior advisers about buying stakes in Royal Bank of Scotland Group Plc (RBS) or Lloyds Banking Group Plc (LLOY), the Financial Mail on Sunday reported.

The Abu Dhabi Investment Authority is in talks with U.K. Financial Investments Ltd., which manages the government’s holdings in the state-backed banks, the Financial Mail reported, citing an unidentified "insider" at the authority.

Abu Dhabi government officials were not immediately available for comment when contacted today.

To contact the reporter on this story: Bryan Keogh in London at bkeogh4@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net

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