Monday, September 26, 2011

Singapore Inc.'s Bank Bet Losses Pile Up in Wake of UBS's Trading Scandal - Bloomberg

Government of Singapore Investment Corp. faces a 6.7 billion Swiss franc ($7.4 billion) loss as the biggest investor of UBS AG (UBSN), topping unprofitable banking investments by the city's sovereign wealth firms since 2007. UBS shares ... http://tinyurl.com/3m8a4rt

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