Bank of America settles lawsuit with Ambac Financial for $1.84 billion By Reuters


© Reuters. A person walks past a Bank of America sign in the Manhattan borough of New York City, New York, U.S., January 19, 2022. REUTERS/Carlo Allegri

(Reuters) – Ambac Financial (NYSE:) Group said on Friday it had entered into an agreement to settle a lawsuit with Bank of America (NYSE:) and related entities for $1.84 billion.

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