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US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

Business October 13, 2026 at 9:17 PM

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

ABC News Money

The fines amount to the third-largest amount in Treasury Department history.

Excerpt from ABC News Money.

Read the full story at ABC News Money

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