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DealBook: Banks Rethink Asian Investments more similar news »
After loading up on Asian assets, could suffering Western banks be forced to sell out? That is what analysts and bankers are asking as Bank of America considers lowering its 9 percent stake in China Construction Bank. After reporting $2 billion in write-downs related to bad loans on Monday, Bank of America executives said they were [...].
Tue Apr 22, 2008 more from this source»»
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