# US Treasury announces more than $1.2 billion fine for Bank of America

https://mins.news/en/item/98671

- CNN, 2026-10-13 20:48 UTC
- Economy
- Original: https://www.cnn.com/2026/10/13/investing/bank-of-america-billion-dollar-fine?Date=20261013&Profile=CNN

> The US Treasury Department announced a fine of more than $1.2 billion for Bank of America, accusing the bank of violating anti-money laundering and sanctions laws.

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- [BofA misses profit estimates as capital markets weaken; books $1.2 billion charge](https://mins.news/en/item/99629) — Reuters, 2026-10-14
- [US fines Bank of America $1.2 billion over alleged money laundering and sanctions violations](https://mins.news/en/item/98763) — ABC News, 2026-10-13
- [US fines Bank of America $1.2 billion over alleged money laundering and sanctions violations](https://mins.news/en/item/98667) — The Associated Press, 2026-10-13
