Tony Tan: GIC to hold Citi, UBS stakes for many years

NewsTimes.com, 31 Jan 2011Government of Singapore Investment Corp., the biggest investor in Citigroup Inc. and UBS AG, plans to hold on to its stakes in the banks for "many years" and will only consider selling if there are attractive offers."We look to continue to hold on to our stakes in UBS and Citigroup for many years to come," Tony Tan, deputy chairman of the Singapore sovereign wealth fund,