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Wednesday, October 14, 2026
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News

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

By Paul Wiseman, Associated Press PBS NewsHour
U.S. hits Bank of America with $1.2 billion fine, saying it violated money laundering and sanctions laws

Feed excerpt — reported by PBS NewsHour

The fines on America’s second-biggest bank amount to the third-largest in the department’s history.

MAP records observable characteristics of the original article (publisher, author, date, references, framing cues). MAP does not verify the article’s claims or score it. Read the full original story at PBS NewsHour →

Original Source

This article was syndicated from PBS NewsHour. All rights remain with the original publisher.

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