Investment strategy | Investing online | Stock market investing
Singapore, Abu Dhabi Face Losses on UBS, Citigroup (Update2)
March 2 (Bloomberg) — It took the Government of Singapore Investment Corp. three days in 2007 to agree to prop up UBS AG , ailing from subprime losses. It may take a decade to recoup that investment of 11 billion Swiss francs ($10 billion).
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Citigroup said to plan sale of US$10B private-equity unit
Citigroup Inc. plans to sell or split off its US$10-billion Citi Private Equity unit, expanding the list of money-management businesses the U.S. bank is disposing of to reduce debt, people familiar wi…
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