Bank of China books 3.8 billion dollars in investment losses (AFP)

Filed Under (Personal Finance) by on 30-10-2008

A branch of the Bank of China on Shanghai's historic Bund on October 24. The lender has said it had posted 26.3 billion yuan (US$3.8 billion) in potential losses on assets at the end of September, partially related to US subprime mortgage-backed securities.(AFP/File/Mark Ralston)AFP - Bank of China said it had posted 26.3 billion yuan (3.8 billion dollars) in potential losses on assets at the end of September, partially related to US subprime mortgage-backed securities.

--- AFP ...

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