Temasek May Buy Into Uk Banks Again

Daily MailAugust 27, 2008

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Summary


THE Singaporean investment fund that already owns a 2pc stake in Barclays signalled it is ready to splash even more cash in Britain's beleaguered banking industry.

State-owned Temasek, which also controls around 10pc of Wall Street struggler Merrill Lynch, said the credit crisis had thrown up some rare opportunities in the financial industry.

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Extract


Temasek May Buy Into Uk Banks Again

Temasek's Manish Kejriwal said: 'More recently we've concentrated a...

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