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Bank of China Is Selling Bad Loans to Investment-Bank Unit – Wall Street Journal

loans - Google News Mar 27th, 2014 Loans.



Wall Street Journal

Bank of China Is Selling Bad Loans to Investment-Bank Unit
Wall Street Journal
With the investment-banking unit expected to pay more than an outside investor, the bank would be able to record lower loan losses. Meanwhile, the problem loan would no longer stay on the bank's balance sheet after the sale under Chinese accounting ...

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