Posts tagged with ‘citigroup’

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Singapore’s sovereign wealth fund’s $1.6 billion Profit on Citigroup

September 24, 2009

Looks like the buy and hold strategy worked out for Singapore’s sovereign wealth fund, after it notched a $1.6 billion profit on a partial sale of its Citigroup Inc. (NYSE:C) stake. The Government of Singapore Investment Corp., or GIC reduced its holding of Citi to 5% from 9%, exchanging its $6.88 billion of convertible preferred […]

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Finance Jobs in Asia going back to boom time?

September 2, 2009

HONG KONG — Marco Wong lost his job with Citigroup in Singapore in mid-January. During all the turmoil that engulfed the financial world last year, the cutbacks at the U.S. banking giant were neither unique nor surprising. Still, Mr. Wong says, Citigroup’s decision not to renew his contract shortly before it was due to end […]

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Asia Hedge Funds on ‘Radar’ After Beating Peers, Citigroup Says

June 15, 2009

Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers.