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The Government of Singapore Investment Corp (GIC), the biggest shareholder in embattled UBS, repeatedly expressed its support for outgoing chief executive Oswald Gruebel, according to a Swiss newspaper report.
Mr Gruebel, 67, quit on Saturday after taking responsibility for a scandal that saw a rogue trader lose US$2.3 billion (S$3 billion)……………………………………….Full Article: Source
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GIC supported outgoing UBS chief executive: Report
| Posted on 26 September 2011 |
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