Qatar’s Sovereign Wealth Fund Gradually Acquires Shares of BofA

Posted on 11/05/2013


Over the course of a couple of years, the Qatar Investment Authority (QIA), through Qatar Holding, has purchased about US$ 1 billion worth of Bank of America (BofA) stock, according to a source quoted by the Financial Times. Purchases were increased when the BofA share price was between US$ 7 to US$ 8. The bank […]