U.S. Fine Bank of America $1.2 Billion for Laundering and

U.S. fines Bank of America $1.2 billion for money laundering and sanctions violations. The penalty includes $750 million for the Office of the Comptroller of the Currency. Bank of America admitted willful violation of the 1970 Bank Secrecy Act.

https://sanfernandosun.com/2026/10/14/us-hits-bank-of-america-with-1-2-billion-fine-saying-it-violated-money-laundering-sanctions-laws/

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