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

https://mins.news/en/item/99157

- euronews, 2026-10-14 05:28 UTC
- Economy
- Original: https://www.euronews.com/2026/10/14/money-laundering-failures-land-bank-of-america-with-a-12-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.

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