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Bank of America takes stake in Dubai's Emirates NBD

Global lending giant Bank of America Corp. has bought a stake in Dubai’s largest bank Emirates NBD for approximately AED900 million, sources familiar with the matter told Arabian Business. The North Carolina-based bank is believed to have bought 100 million shares – about 1.51% – of Emirates NBD. The DFM-listed…

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Click here to read the full story: Arabian Business

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