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Kuwait Investment Authority sells a $3.1 billion stake in Bank of America, impacting stock prices significantly.
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 MSN16h
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, ...
The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...
Saudi Arabia’s Riyad Bank opened books on another Gulf bank subordinated trade on Monday, with bankers saying there are no ...
On the eve of our nation’s 249th birthday, 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 years Gallup has been asking ...
The ongoing turmoil in the Middle East has highlighted the complexities of successful anti-money-laundering compliance in a ...
Riyad Bank issued its first — and most recent — tier two deal in February 2020, when it priced a $1.5bn 3.174% February 2030 ...