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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore wealth sovereign fund eyes 16pct stake in Brazilian bank news

Posted on 07 September 2010

From Domain-b.com: Government of Singapore Investment Corporation Pte Ltd (GIC), the world’s fourth-largest sovereign wealth fund, is in talks with Brazilian investment bank Banco BTG Pactual SA (BTG Pactual) to buy a 16-per cent stake in it.
The island-nation’s investment arm is already the biggest shareholder in Switzerland’s largest bank UBS AG, and also a shareholder in the US banking giant Citigroup Inc……………………………………….Full Article: Source


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