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EconomyUS fines Bank of America $1.2 billion over alleged money laundering and sanctions violations

The US imposed a $1.2 billion fine on Bank of America, saying it violated money laundering and sanctions laws. The penalty is the third-largest in Treasury Department history.

Bank of Americafinemoney launderingsanctions

AABC News★★★☆☆2026-10-13 21:17Original

US fines Bank of America $1.2 billion over alleged money laundering and sanctions violations
US fines Bank of America $1.2 billion over alleged money laundering and sanctions violationsEconomy