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EconomyMoney-laundering failures bring Bank of America a $1.2 billion fine

US authorities fined Bank of America $1.2 billion (€1.07 billion) over failures to combat money laundering. The bank also settled allegations of sanctions violations involving Iran and Russia.

Bank of Americamoney launderingsanctions violations

Eeuronews★★★☆☆2026-10-14 05:28Original

Money-laundering failures bring Bank of America a $1.2 billion fine
Economy