9th Feb 2008
VIKRAM KHANNA, SINGAPORE, BUSINESS TIMES
Even after taking significant stakes in UBS and Citigroup, the Government of Singapore Investment Corporation (GIC) could still invest in another distressed bank, if the deal is worthwhile, says the agency's deputy chairman, Tony Tan.
"We will look at any deal that is shown to us. We have a duty to do so. We would still have the capacity if we find it worthwhile to invest," he said. "Whether it would be of the same size as what we are now doing is a matter to be decided." >>>> More
