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Bank of America fined $1.2bn for money-laundering failures

Third-largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earnings Bank of America (BAC.N), has been fined $1.21bn by US regulators for widesp

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Bank of America fined $1.2bn for money-laundering failures
Image: The Guardian Business

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Third-largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earnings Bank of America (BAC.N), has been fined $1.21bn by US regulators for widesp

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