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

A finance story from Pennsylvania, reported by WTAE Pittsburgh.

Finance · Pennsylvania · October 13, 2026

From WTAE Pittsburgh

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

Reported by WTAE Pittsburgh, October 13, 2026. Read the full story at WTAE Pittsburgh →

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