Treasury Hits Bank of America With $1.2 Billion Money Laundering Fine
Treasury fined Bank of America $1.2 billion for anti-money laundering and sanctions violations, the third-largest penalty in its history, with $750 million going to the OCC.
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Treasury fined Bank of America $1.2 billion for anti-money laundering and sanctions violations, the third-largest penalty in its history, with $750 million going to the OCC.