Live: Bank of America fined $US1.2 billion for anti-money laundering failures
Third largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earnings Bank of America (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank…
Open on the live globe →Who reported it
- 2026-10-13 21:13 UTCABC · abc.net.au ↗
- 2026-10-14 11:54 UTCGuardian via Reuters · theguardian.com ↗
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