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Kuwait Investment Authority sells a $3.1 billion stake in Bank of America, impacting stock prices significantly.
Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164 earlier in the morning trading, as the ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Construction on Fields West, a 160-acre development in Frisco, is full speed ahead after securing nearly half a billion ...
More than a quarter of downtown Dallas office space is empty, worrying property and business owners that the exodus from the ...
A Gallup poll finds that only 58% of Americans feel “extremely” or “very” proud of their country. This is a new low in the 25 ...
Kuwait Investment Authority, the sovereign wealth fund managing over US $1 trillion in assets, has divested a US $3.1 billion ...
Arabian Gulf Business Insight on MSN18h
KIA offloads Bank of America stake for $3bn
Kuwait Investment Authority (KIA) has reportedly sold a $3 billion stake in Bank of America, the second-largest US bank. The shares were offloaded through an unregistered block trade priced at $47.95, ...
NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Read more at The ...
The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...
Abu Dhabi, United Arab Emirates, BlueFive Capital, an investment platform originating from the GCC with a global mandate, ...
Saudi Arabia’s Riyad Bank opened books on another Gulf bank subordinated trade on Monday, with bankers saying there are no ...