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

A finance story from New York, reported by WGRZ Buffalo.

Finance · New York · October 13, 2026

From WGRZ Buffalo

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 WGRZ Buffalo, October 13, 2026. Read the full story at WGRZ Buffalo →

More finance from New York

Vermont troopers investigate Bank of Bennington burglary · News10 Albany
'Violent' fire destroys Enfants Rouges food market in Paris, officials say · ABC7 NY
Fed minutes: Another rate hike likely coming this year to combat persistent inflation · ABC7 NY
"Words don't describe it" Bauman's Farm Market in full fall swing · RochesterFirst
2 Inflation reports, retail sales and big bank profits all arrive in the coming week · WGRZ Buffalo
Halloween craft, vendor market coming to Colonie Center · News10 Albany
Solstice Advanced Materials to invest $49 million in Buffalo facility · WGRZ Money
Bronx homeowners facing foreclosure are in the market for assistance · Gothamist

All finance → · New York local news →

Open HeyHomees →