News
18h
Arabian Gulf Business Insight on MSNKuwaiti fund offloads Bank of America stake for $3bnKuwait 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 ...
15h
Arabian Post on MSNGulf’s Mega‑Fund Exits Bank of America StakeKuwait Investment Authority, the sovereign wealth fund managing over US $1 trillion in assets, has divested a US $3.1 billion ...
Kuwait Investment Authority sells a $3.1 billion stake in Bank of America, impacting stock prices significantly.
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