EconomyAmerican Express National Bank fined $350 million over anti-money laundering program
The U.S. Office of the Comptroller of the Currency ordered American Express National Bank to pay a $350 million civil penalty over deficiencies in its anti-money laundering program. The agency said the bank failed to establish and maintain a program required under the Bank Secrecy Act to flag suspicious transactions and prevent illicit payments.
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Reuters★★★☆☆2026-10-08 21:25Original
American Express National Bank fined $350 million over anti-money laundering program
Economy