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The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...
Arabian Gulf Business Insight on MSN12h
Kuwaiti fund 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 ...
Kuwait Investment Authority, the sovereign wealth fund managing over US $1 trillion in assets, has divested a US $3.1 billion ...