These two banks have weathered the crisis; the worst is behind them. Both banks have returned to profitability over the last two quarters," GIC Group Chief Investment Officer Ng Kok Song told local media. "We're long-term investors, so we're quite prepared to stay with them," he added. Full story
Singapore's GIC says no rush to sell Citi, UBS stakes-report
Reuters, 27 Sep 2010
These two banks have weathered the crisis; the worst is behind them. Both banks have returned to profitability over the last two quarters," GIC Group Chief Investment Officer Ng Kok Song told local media. "We're long-term investors, so we're quite prepared to stay with them," he added. Full story
These two banks have weathered the crisis; the worst is behind them. Both banks have returned to profitability over the last two quarters," GIC Group Chief Investment Officer Ng Kok Song told local media. "We're long-term investors, so we're quite prepared to stay with them," he added. Full story
