EconomyBank of America Fined More Than $1.21 Billion Over Money-Laundering and Sanctions Violations
US regulators fined Bank of America more than $1.21 billion for money-laundering and sanctions violations. They said the bank effectively outsourced a key compliance function as it sought to protect revenue.
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Bloomberg News★★★☆☆2026-10-13 22:05Original
Bank of America Fined More Than $1.21 Billion Over Money-Laundering and Sanctions Violations
Economy