US hits Bank of America with $1.2B fine for allegedly violating anti-money laundering and sanctions laws

A finance story from North Carolina, reported by ABC11 WTVD Raleigh.

Finance · North Carolina · October 14, 2026

From ABC11 WTVD Raleigh

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 ABC11 WTVD Raleigh, October 14, 2026. Read the full story at ABC11 WTVD Raleigh →

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