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Loan Modification

: Loan Modification & Home Loan News

Bank of America May Get $13 Billion Boost From China Banking Stake

By Moe Bedard

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Bank of America Corp., hit by last month?s disclosure of a potential $10 billion charge tied to new regulations, may add $13 billion to its book value when it posts gains from a Chinese bank stake for the first time in October. The windfall stems from Bank of America?s 11 percent stake in China Construction [...]

Full post as published by Loan Modification & Home Loan News on August 10, 2010 (boomark / email).

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