Stocks in Kuwait’s troubled Gulf Bank dive (AFP)

Posted by admin on April 16, 2009 under News | Be the First to Comment

Stocks in Kuwait’s troubled Gulf Bank dive (AFP)

Kuwaiti men wait in line to make cash withdrawals from an Automated Teller Machine (ATM) at a Gulf Bank branch in Kuwait City in 2008. Shares in Kuwait's Gulf Bank dived more than 50 percent when they resumed trading on Tuesday after a six-month suspension over massive losses from derivative trading.(AFP/File/Yasser al-Zayyat)AFP – Shares in Kuwait’s Gulf Bank dived more than 50 percent when they resumed trading on Tuesday after a six-month suspension over massive losses from derivative trading.


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