Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Bank of America Corp    BAC   US0605051046

Delayed Quote. Delayed Nyse - 12/19 04:04:21 pm
17.62 USD   +0.51%
14m ago Top Russian oil firm Rosneft repays around $7 billion in debt
4h ago BANK OF AMERICA : Town Centre Securities
4h ago CITIGROUP : Obama picks Holder ally for DOJ
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Bank of America Corp : Qatar's Sovereign Fund Has Bank of America Stake Worth About $1 Billion -FT

10/30/2013 | 06:27pm US/Eastern

Qatar's sovereign wealth fund, the Qatar Investment Authority, owns Bank of America Corp. (BAC) shares worth about $1 billion, the Financial Times reported Wednesday.

The fund's Qatar Holding arm began buying shares about two years ago and bought more last year when the stock price was in the $7 to $8 range, the FT reported, citing a person close to the fund.

Bank of America shares closed Wednesday at $14.17, up 2 cents.

The FT report noted that the stake, which represents less than a 1% interest, falls below the 5% level that would require disclosure under U.S. regulations.

Full story at: www.ft.com

Write to nymonitoring@dowjones.com

React to this article
Latest news on BANK OF AMERICA CORP
14m ago Top Russian oil firm Rosneft repays around $7 billion in debt
4h ago BANK OF AMERICA : Town Centre Securities
4h ago CITIGROUP : Obama picks Holder ally for DOJ
4h ago BANK OF AMERICA : Approves Quarterly Dividend
4h ago CELADON : Increases and Resets Revolving Credit Facility
1d agoDJPropane, Other Fuel Prices Feel the Burn as Oil Declines
1d ago First-time home buyers can get a mortgage with 3 percent down
1d ago BANK OF AMERICA : OPEC 'effectively dissolved'; oil will slide to $50 - Bank of ..
1d ago BANK OF AMERICA : OKC's First National Center runs into another roadblock
1d ago BANK OF AMERICA : Panthers' Greg Olsen and Bank of America feed local families
Advertisement
Chart
Duration : Period :
Bank of America Corp Technical Analysis Chart | BAC | US0605051046 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF