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Business
Bank of America hit with $1.2bn fine for money laundering failings

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Bank of America hit with $1.2bn fine for money laundering failings

BBC News – Business

Published 14 Oct 2026, 07:35 IST · Updated 14 Oct 2026, 1:02 PM IST

Bank of America hit with $1.2bn fine for money laundering failings — Bank of America hit with $1.2bn fine for money laundering failingsPhoto · BBC News – Business

The bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.

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BBC News – Business

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The Economic Times – Top Stories14 Oct 2026, 6:56 AM IST
Bank of America fined $1.2 bn for money laundering
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BBC News – Business

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