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Bank of America fined $1.2 billion over money-laundering violations

CNBC · October 13, 2026 at 4:45 PM

The action by the Treasury Department was announced less than a day before Bank of America reports quarterly earnings.

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Bank of America ordered to pay historic $1.2 billion over alleged sanctions law violations

NBC News · 1 h ago

Bank of America fined $1.2 billion over money-laundering violations

This story in other outlets

Bank of America ordered to pay historic $1.2 billion over alleged sanctions law violations

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