CAPITAL MARKETS

Chinalco's Rio stake pulled from Lehman account

ALOCA says Chinalco’s stake in Rio Tinto is safe, after the shares were pulled from an account owned by collapsed investment bank Lehman Brothers and transferred to a new custodian.

Charlotte Dudley
Chinalco's Rio stake pulled from Lehman account

Last month it emerged the Rio Tinto shares held by China’s Chinalco were stuck in a custodial account owned by the failed bank, sparking concern the Chinese group would not be able to retrieve its stake...

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