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Sunday, November 13, 2011

BofA expects $1.8B gain from stake in Chinese bank

BofA expects $1.8B gain from stake in Chinese bank CHARLOTTE, NC (AP) -- Bank of America is selling most of its remaining shares in China Construction Bank, expecting an after-tax gain of about $1.8 billion. It said Monday that about 10.4 billion shares will be sold through private transactions with a ... BofA expects $1.8B gain from stake in Chinese bank

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