However, the bank's problems continued through the end of 2007,[139] when the bank reported its first quarterly loss in over five years.[140] As its losses jeopardized the bank's capital position, UBS quickly raised US$11.5 billion of capital in December 2007, US$9.7 billion of which came from the Government of Singapore Investment Corporation (GIC)[141] and US$1.8 billion from an unnamed Middle Eastern investor.[142]