Gulf International Bank announces $1bn sub-prime loss
- Published: 21 February 2008 15:28
- Author:Matthew Martin | More by this Author
- Last Updated: 21 February 2008 19:33
Gulf International Bank has announced a sub-prime loss of $956m, the biggest in the region, causing the bank to approach its shareholders for $1bn in fresh capital.
Gulf International Bank has announced a sub-prime loss of $956m, the biggest in the region, causing the bank to approach its shareholders for $1bn in fresh capital.
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