Thu, Aug 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Singapore GIC:Timing of UBS investment could have been better

Posted on 20 September 2011

The Government of Singapore Investment Corp., or GIC, Monday said its investment in Swiss bank UBS AG (UBS) was made prior to the 2008 global financial crisis and that the timing of this investment could have been better.
The state investment firm, in an emailed response to Dow Jones Newswire queries, did not specifically comment on the $2.3 billion loss incurred by the bank from rogue trading activities by one of the bank’s employees……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14601 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031