Member access

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

Delayed Quote. Delayed Nyse - 09/15 04:00:03 pm
16.74 USD   -0.30%
1d ago BANK OF AMERICA : Provides Mid-Cycle Stress Test Results
1d ago Nasdaq slumps to worst day since July; S&P 500 dips
1d agoDJBank of America Releases Mid-Year Stress Test Results
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

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
Recommend:
0

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

Recommend :
0
React to this article
Latest news on BANK OF AMERICA CORP
1d ago BANK OF AMERICA : Provides Mid-Cycle Stress Test Results
1d ago Nasdaq slumps to worst day since July; S&P 500 dips
1d agoDJBank of America Releases Mid-Year Stress Test Results
1d ago BANK OF AMERICA : Brown and Portman Call on Bank of America to Help Rebuild Ohio..
1d ago BANK OF AMERICA : Following a Record Settlement of More Than $16 Billion to Addr..
1d ago BANK OF AMERICA : to Speak at the RBC Capital Markets Financial Institutions Con..
2d ago BANK OF AMERICA : Attorney Registration and Disciplinary Commission of Supreme C..
3d ago BANK OF AMERICA : Following a Record Settlement of More Than $16 Billion to Addr..
3d ago BANK OF AMERICA : Lt. Governor Dan Forest Attends NASCAR Trophy Tour Event
4d ago HSBC to pay $550 mln to settle U.S. mortgage bond claims
Advertisement
Chart
Duration : Period :
Bank of America Corp Technical Analysis Chart | BAC | US0605051046 | 4-Traders
Income Statement Evolution
Bank of America Corp : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF