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

A finance story from Texas, reported by KVUE Austin.

Finance · Texas · October 13, 2026

From KVUE Austin

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 KVUE Austin, October 13, 2026. Read the full story at KVUE Austin →

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