Bank of America ordered to pay historic $1.2 billion over alleged sanctions law violations

A finance story from the U.S., reported by NBC News.

Finance · the U.S. · October 13, 2026

From NBC News

The fine is the third-highest penalty ever issued by the Treasury Department, which found that the bank failed to report billions in suspicious transactions.

Reported by NBC News, October 13, 2026. Read the full story at NBC News →

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