Bank of America Fined $1.2 Billion for Anti-Money Laundering and Sanctions Laws Violations

home.treasury.gov

Bank of America Fined $1.2 Billion for Anti-Money Laundering and Sanctions Laws Violations

home.treasury.gov

beep@piefed.world to

News@lemmy.worldEnglish · 23 days ago

U.S. Treasury Announces Record Enforcement Actions Against Bank of America

home.treasury.gov

Third-Largest Penalty in Treasury History; Largest in OCC History WASHINGTON—Today, the U.S. Department of the Treasury announced enforcement actions imposing more than $1.21 billion in penalties against Bank of America (“the Bank”), the second-largest bank in the United States, for violations of …

cross-posted from: https://piefed.world/c/inforeport/p/1464631/bank-of-america-fined-1-2-billion-for-money-laundering-and-sanctions-failings

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