US hits Bank of America with $1.2 billion fine, saying it violated money laundering and sanctions laws

A finance story from North Carolina, reported by WCNC Charlotte.

Finance · North Carolina · October 13, 2026

From WCNC Charlotte

The U.S. Treasury Department is imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws.

Reported by WCNC Charlotte, October 13, 2026. Read the full story at WCNC Charlotte →

More finance from North Carolina

'Violent' fire destroys Enfants Rouges food market in Paris, officials say · ABC11 WTVD Raleigh
Fed minutes: Another rate hike likely coming this year to combat persistent inflation · ABC11 WTVD Raleigh
NASCAR driver Bubba Wallace holds meet and greet ahead of Bank of America 400 · QCity Metro
Around The Track: Previewing the Bank of America 400 in Concord · QCity Metro
‘By right doesn’t make it right’ | Stallings neighbors continue fight against proposed motel · WCNC Money
Everton up for sale after U.S. owner says it is exploring investment options · CBS17 Sports
Perspective | Building homes and a workforce to power the economy · EdNC
Contractor's $10K payment from customer made through Square never shows up in his bank account · ABC11 WTVD Raleigh

All finance → · North Carolina local news →

Open HeyHomees →