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Kuwait Investment Authority

China's AgBank IPO raises $19.23 Billion

AP | TALI ARBEL | Posted 05.25.2011 | Business

NEW YORK – The Agricultural Bank of China's initial public offering has raised more than $19 billion in what could turn out to be the largest IP...

Unknown Entity Backs Suit To Expose U.S.-Kuwait Pact

New York Sun | Josh Gerstein | Posted 05.25.2011 | Politics

An unidentified entity is backing a new lawsuit to expose America's secret defense pact with the Emirate of Kuwait. The suit, filed in federal court ...

Merrill Gets Cash Infusion From Kuwait, Korea, Japan

AP | Stephen Bernard | Posted 05.25.2011 | Business

Merrill Lynch & Co. said Tuesday that it is getting a cash infusion of $6.6 billion from three foreign investment funds. The Korean Investment Corp.,...

Citigroup Gets $12.5 Billion Infusion

AP | Madlen Read | Posted 05.25.2011 | Business

Citigroup Inc. secured $12.5 billion in much-needed cash and slashed its dividend as a huge drop in the value of its mortgage holdings sent it to its ...