Tuesday, November 15, 2011

Bank of America's Construction Bank Sale Lifts Capital, Reduces China Risk - Bloomberg

Bank of America Corp. (BAC) plans to bolster capital by divesting most of its stake in China Construction Bank Corp. (939), locking in investment gains as concern mounts that the Asian lender's defaults may rise as China's economy slows ... http://tinyurl.com/clgc22v

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