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Bank Of America Raises Cash In China - Forbes
U.S. lender sells $2.8 billion worth of shares in China Construction Bank, with no apparent objections from Beijing. The second time appears to have been the charm for Bank of America . Weeks after it aborted a sale of shares in China Construction ...
Posted: Wed, 07 Jan 2009 07:17:00 GMT

CORRECTED-UPDATE 1-Bank of America selling $2.8 bln CCB stake - Guardian Unlimited
(Deletes two paragraphs referring to Royal Bank of Scotland, which holds a stake in Bank of China, not ICBC as earlier stated) (Adds details, background) HONG KONG, Jan 7 (Reuters) - Top U.S. lender Bank of America , raising cash to weather a dismal ...
Posted: Wed, 07 Jan 2009 02:31:00 GMT

Bank of America Sells China Construction Bank Stock (Update1) - Bloomberg
Jan. 7 (Bloomberg) -- Bank of America Corp. sold $2.8 billion of China Construction Bank Corp. shares to replenish capital after completing the biggest financial-services acquisition announced in 2008. China Construction dropped 8.1 percent in Hong ...
Posted: Wed, 07 Jan 2009 07:24:00 GMT

Bank of America sells $2.8 billion China bank stake - Boston Globe
HONG KONG (Reuters) - Top U.S. lender Bank of America <BAC.N>, raising cash to weather a dismal market at home, sold a $2.83 billion chunk of its holding in China Construction Bank <0939.HK> on Wednesday, dragging the Chinese bank's stock 6 percent ...
Posted: Wed, 07 Jan 2009 06:34:00 GMT

Bank of America reduces holding in Chinese bank - International Herald Tribune
HONG KONG : The top U.S. lender Bank of America, raising cash to weather a dismal market at home, sold a $2.83 billion chunk of its holding in China Construction Bank on Wednesday, dragging Hong Kong-listed shares of the Chinese bank 5.84 percent ...
Posted: Wed, 07 Jan 2009 06:34:00 GMT

Bank of America sells $2.8 bln China bank stake - Forbes
HONG KONG, Jan 7 (Reuters) - Top U.S. lender Bank of America (nyse: BAC - news - people ), raising cash to weather a dismal market at home, sold a $2.83 billion chunk of its holding in China Construction Bank on Wednesday, dragging the Chinese bank's ...
Posted: Wed, 07 Jan 2009 05:51:00 GMT

Bank of America sells $2.8 bln CCB stake - Guardian Unlimited
HONG KONG, Jan 7 (Reuters) - Top U.S. lender Bank of America, raising cash to weather a dismal market at home, sold a $2.83 billion chunk of its holding in China Construction Bank on Wednesday, dragging the Chinese bank's stock 5 percent lower. China ...
Posted: Wed, 07 Jan 2009 04:18:00 GMT

Committee of MPs to investigate Ulster Bank - Belfast Telegraph
The Ulster Bank’s treatment of its customers is to be probed by the powerful Treasury Select Committee in the House of Commons, it has been revealed. MPs on the committee are to look into a complaint the bank is not fulfiling the commitments made ...
Posted: Wed, 07 Jan 2009 00:50:00 GMT

CORRECTED - CORRECTED-UPDATE 1-Bank of America selling $2.8 bln CCB ... - Reuters
(Deletes two paragraphs referring to Royal Bank of Scotland, which holds a stake in Bank of China, not ICBC as earlier stated) (Adds details, background) HONG KONG, Jan 7 (Reuters) - Top U.S. lender Bank of America ( BAC.N ), raising cash to weather ...
Posted: Mon, 05 Jan 2009 23:54:00 GMT

Royal to hold on to Bank of China stake - Herald
The odds on Royal Bank of Scotland selling its stake in Bank of China soon lengthened after the Chinese lender said it had not been told that the Edinburgh-based giant had any plans to sell up. With the lock-in period preventing Royal Bank from ...
Posted: Wed, 31 Dec 2008 10:39:00 GMT