The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...

Kuwait Investment Authority (KIA) has reportedly sold a $3 billion stake in Bank of America, the second-largest US bank. The shares were offloaded through an unregistered block trade priced at $47.95, ...

Bank of America is a multinational investment company based in Charlotte, North Carolina. It was named one of the "100 Best Companies to Work For" by Fortune magazine in 2019.

News about Bank of America Corporation, including commentary and archival articles published in The New York Times. Skip to content Skip to site index.

NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Read more at The ...