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Business

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

ABC News Money · October 13, 2026 at 5:17 PM

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

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

Read the full article on ABC News Money ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on abcnews.go.com — the content belongs to ABC News Money.

This story in other outlets

Treasury fines Bank of America $1.2B for violating money laundering, sanctions law

The Hill · 1 h ago

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