Sovereign Wealth Funds Invest in Merrill, Citi
January 15, 2008 by Joseph McCafferty
Foreign funds continue to pour into Wall Street’s big banks. Merrill Lynch said it is issuing $6.6 billion in convertible, preferred stock to Korean Investment Corp., Kuwait Investment Authority, and Mizuho Corporate Bank of Japan.
January 15, 2008 by Joseph McCafferty
Foreign funds continue to pour into Wall Street’s big banks. Merrill Lynch said it is issuing $6.6 billion in convertible, preferred stock to Korean Investment Corp., Kuwait Investment Authority, and Mizuho Corporate Bank of Japan.