Thu, Sep 3, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

BofA sells China Bank stake to SWFs

Posted on 30 August 2011

Bank of America has sold about half of its 10% stake in China Construction Bank to a handful of sovereign-wealth funds and institutions in the US and Asia, totaling $8.3 billion before taxes.
“Our partnership with China Construction Bank has been mutually beneficial,” said Bank of America Chief Executive Officer Brian Moynihan in a statement……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 17006 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2015
M T W T F S S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930