Bank of America announced that it wants to sell half its stake in the lucrative China Construction Bank. Why? B of A needs cash now!
Bank of America hopes to get $8.3 billion from the sale. B of A will still hold 5% of China Construction Bank.
Bank of America announced that it wants to sell half its stake in the lucrative China Construction Bank. Why? B of A needs cash now!
Bank of America hopes to get $8.3 billion from the sale. B of A will still hold 5% of China Construction Bank.