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Bank of America fined $1.2 billion by Treasury Department for anti-money laundering and sanctions law violations

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Bank of America fined $1.2 billion by Treasury Department for anti-money laundering and sanctions law violations

The US Treasury Department on Tuesday announced it was imposing a more than $1.2 billion fine on Bank of America, accusing the bank of violating anti-money laundering and sanctions laws.The US Treasury Department on Tuesday announced it was imposing a more than $1.2 billion fine on Bank of America, accusing the bank of violating anti-money laundering and sanctions laws.

todayOctober 13, 2026

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