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Sovereign Wealth Funds Briefing - Categorized | Investment, Performance

Singapore’s GIC concerned with UBS trading loss

Posted on 23 September 2011

A Singapore state investment fund that is the biggest UBS shareholder says it is disappointed and concerned with lapses at the Swiss bank that led to a $2.3 billion rogue trading loss.
The statement from the Government of Singapore Investment Corp. comes as the UBS board holds a scheduled meeting in the Southeast Asian city-state……………………………………….Full Article: Source


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