Serious LG Desmond Kuek Joins Swiss Bank UBS,18 Feb 19

[shiokalingam]

 

[shiokalingam]

duplicate post thread

 

[KuanTi01]

Wow! Respect! Still so marketable and in demand. Another cushy and well-paid job.

 

[steffychun]

Fake General.

 

[red amoeba]

Did he volunteer himself for this thankless job? Seeing too many numbers in his account can be tiring.

 

[AhMeng]

Got deep seated culture?

 

[Cottonmouth]

Whose cock he suck?
His kind of lanjiao military experience can do what in bank?

 

[red amoeba]

Whose cock he suck?
His kind of lanjiao military experience can do what in bank?

Under his astute care, UBS price will reach record low and Temasek will swoop with another buy.

 

[Cottonmouth]

Under his astute care, UBS price will reach record low and Temasek will swoop with another buy.

Temasek is buy high sell low.

 

[RogerK]

Wow! Respect! Still so marketable and in demand. Another cushy and well-paid job.

Respect?? Any link to his appointment?

https://en.wikipedia.org/wiki/UBS
Shareholders[edit]

As disclosed under the Swiss Stock exchange Act, the most significant shareholders of UBS are GIC Private Limited with 7.07%, BlackRock Inc with 4.98%,[179] Norges Bank with 3.30%, MFS Investment Managementwith 3.05% and Capital Group Companies with 3.01% of total share capital.[180] In 2008 during the subprime mortgage crisis, GIC Private Limited invested CHF 11 billion into UBS to help bail it out, thus becoming the largest single shareholder.[27]

Some old news
https://www.reuters.com/article/singapores-gic-faces-us4bn-loss-on-ubs-b-idUSL8N1II3TR
INTEL
MAY 17, 2017 / 1:23 AM / 2 YEARS AGO
Singapore's GIC faces US$4bn loss on UBS bet

The Singapore state vehicle invested SFr11bn in UBS through mandatory convertibles in December 2007, which converted into shares two years later to make it the bank’s biggest shareholder. GIC said Monday’s sale realised a loss, but did not say how big the loss was.

GIC and an unnamed Middle East investor invested SFr13bn in UBS in December 2007. At that time UBS shares were trading at about SFr50, as the scale of capital and trading problems were only just emerging.

Share price of UBS?? Previous close price USD12.87
Current exchange rate 1CHF = 1.00USD

https://finance.yahoo.com/quote/UBS/ [Select max]

 

[syed putra]

Swiss standard of living achievable at last. Not a dream anymore.

 

[shiokalingam]

Wow! Respect! Still so marketable and in demand. Another cushy and well-paid job.

Smrt posting as they said was At the wrong Place and at the wrong time.

hope DK can redeem himself at ubsm

 

[steffychun]

UBS is either stupid or he's very shrewd.

 

[winnipegjets]

Wow! Respect! Still so marketable and in demand. Another cushy and well-paid job.

I think arranged by the PAP lah. It is a demotion. From CEO to a vice-chairman (fancy title), reporting to an angmo and the president of APAC. What the hell does he know about wealth management? Now, he has to suck up to the all the UHNW individuals. Hope they treat him like shit.

 

[KuanTi01]

I think arranged by the PAP lah. It is a demotion. From CEO to a vice-chairman (fancy title), reporting to an angmo and the president of APAC. What the hell does he know about wealth management? Now, he has to suck up to the all the UHNW individuals. Hope they treat him like shit.

But at least he is now passing off as a dapple and respectable banker! Previously he was a despised transport chief.

 

[KuanTi01]

Smrt posting as they said was At the wrong Place and at the wrong time.

hope DK can redeem himself at ubsm

If he still fails at this second bite of the cherry, he is toast! lol

 

[ballsoffire]

thought he set up some consultancy company earlier?

 

[shiokalingam]

If he still fails at this second bite of the cherry, he is toast! lol

unlikely , if Temasek extended a lifeline to UBS
before.

at ubs the buck will stop at AngMoh.

DK will be alright and even fly.

ubs eyeing a piece of swf us$100bn and more.

DK will be there.

 

[winnipegjets]

But at least he is now passing off as a dapple and respectable banker! Previously he was a despised transport chief.

Wealth managers are no different from insurance salesman.

 

[winnipegjets]

thought he set up some consultancy company earlier?

He flopped at that too. That's the calibre of our scholars.