Bank of America sells China bank stake (Reuters via Yahoo! News)

January 7, 2009 | BUSINESS

Top U.S. lender Bank of America raised $2.83 billion from selling part of its holding in China Construction Bank (0939.HK) and Hong Kong’s richest tycoon followed by selling a $500 million stake in rival Bank of China (3988.HK).
(read on…)

Tags: , , , , ,