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Showing results for "Bank of America"

BUSINESS
Bank of America Settles $72.5M Lawsuit Over Jeffrey Epstein Ties
The bank denies liability but will pay millions to survivors who alleged the institution ignored red flags surrounding Epstein's sex trafficking operation.
· 1 min read
BUSINESS
"This is Not About Consolidation": Paramount Finalizes $110 Billion Warner Bros. Discovery Merger
The blockbuster deal creates a media titan saddled with $79 billion in debt, as Paramount+ and HBO Max prepare to unite against Netflix.
· 2 min read
Fitch Downgrades Paramount Global to 'Junk' Status Following Warner Bros. Discovery Deal
BUSINESS
Fitch Downgrades Paramount Global to 'Junk' Status Following Warner Bros. Discovery Deal
The credit rating agency cites concerns over the combined entity's projected $79 billion net debt after Paramount Global's $110 billion acquisition agreement with Warner Bros. Discovery.
· 2 min read