# 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 21:17 UTC
- Economy
- Original: https://abcnews.com/Business/wireStory/us-hits-bank-america-12-billion-fine-violated-137238223

> 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.

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