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US-FINANCE-BANKING
Employees of Bank of America work and watch as Kenneth Lewis, CEO of Bank of America, is reflected as he gives an interview about the company's takeover of Merrill Lynch in the lobby of Chicago, Illinois headquarters, on September 15, 2008. Standard & Poor's on Monday cut the credit rating for Bank of America after the banking giant agreed to a 50-billion-dollar takeover of distressed Wall Street giant Merrill Lynch.The move lowers Bank of America's main rating to AA-minus from AA and keeps rating on watch for further possible downgrades.The actions "reflect the risks of acquiring Merrill Lynch in the present turbulent market environment," said Standard & Poor's credit analyst John Bartko. AFP PHOTO/AMANDA RIVKIN
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Detalii fotografie |
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Chicago, Illinois, UNITED STATES |
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AFP / Mediafax Foto |
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| Fotograf: |
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Amanda Rivkin |
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| Data: |
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15 Septembrie 2008 |
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| Dimensiuni: |
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4256 x 2832 (989.76 KB) |
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