15-03-2023, 09:59 AM
(15-03-2023, 09:52 AM)chartist kao Wrote: time to buy uob share
https://www.channelnewsasia.com/business...re-3343066
after moody rating downgrade on us banks
https://www.bbc.com/news/business-64949786
Insignificant exposure means that there are exposures lah.
Just twist the words here and there.
Quote: Temasek says they have no direct exposure to the collapse of SVB. However, they actually have indirect exposure. What a way with words.
In 2015, they actually acquired a 100% stake in Mumbai-based venture lender SVB India Finance. SVB India Finance, is a wholly-owned subsidiary of Silicon Valley Bank Financial Group.
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