20.08.2009 - Investcorp Bank BSC suffers $780.6mln loss on investments
From Gulfnews.com: Investcorp Bank BSC, the Bahrain-based alternative investment firm with $17.6 billion (Dh64.5 billion) of assets under management, posted a full-year loss as fee income declined and it wrote down the value of investments. The net loss was $780.6 million, or $1.12 a share, in the year ended June 30, after a profit of $151.1 million, or $0.212, a year earlier, Investcorp said yesterday in a statement...........Full Article: Source