Marina Bay with Suntec City and National Stadium and Kallang in the background.
We have added Merrill Lynch
With UBS in the bag, we have bagged another biggie, Merrill Lynch. This round of financial crisis is much more than what Nick Leeson had done. We are seeing a spate of financial institutions crumbling down.
And we helped to pick up the pieces. And so were other Sovereign Wealth Funds. These SWFs, once feared and hated, are now the white knights to the troubled banks and financial institutions.
The world is changing. And so is the little Red Dot. We are in an enviable situation.