RealNews

Bank of China reports heavy exposure to subprime crisis

Bank of China saw its Hong Kong stock price fall by as much as 8.1 percent Friday as investors sold shares in reaction to the bank’s report it holds US$9.65 billion (€7.2 billion) in subprime asset-backed securities and collateralized debt obligations, or CDOs. That’s 3.8 percent of its total securities investments. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.