troubled bank

• Coordinate EU Bank Recapitalization: Barroso

  By Marlene Y. Satter, AdvisorOne  |  October 6, 2011

  Regulators from the European Union were presented with a proposal to coordinate recapitalization of its banks at the second day of meetings on Thursday, as they considered ways to reassure investors who have been fleeing the banking sector.

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  UBS Board Pondering Fate of Banking Giant, CEO

  By Marlene Y. Satter, AdvisorOne  |  September 23, 2011

  The board of UBS met in Singapore on Friday to consider what will be the future of the Swiss giant after trader Kweku Adoboli allegedly lost $2.3 billion in fraudulent activities. The future of its CEO, Oswald Greubel, also hangs in the balance.

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  BofA Sells Half Its Stake in Chinese Bank for $8.3 Billion

  By Janet Levaux, AdvisorOne  |  August 29, 2011

  Bank of America said Monday it was selling about 13 billion common shares, or 5%, of China Construction Bank to a group of investors for some $8.3 billion in cash and an after-tax gain of $3.3 billion.

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  Buffett Puts $5 Billion Into BofA, Draws Criticism

  By Janet Levaux, AdvisorOne  |  August 25, 2011

  Bank of America said Thursday that it was selling 50,000 shares of preferred stock with a liquidation value of $100,000 per share and a dividend that pays 6% per year to Berkshire Hathaway.