BofA pays a $1.2bn fine
1d
Bank of America agreed to pay a $1.2 billion U.S. Treasury fine to settle money-laundering and sanctions violations, as quarterly profit fell 17%.
A slap on the wrist for Bank of America.
CEO Brian Moynihan owes Congress answers, and we need a criminal investigation into the apparent violation of our anti-money laundering laws.
I’ve long said big bank CEOs should be held personally accountable if their banks break the law.
CEO Brian Moynihan owes Congress answers, and we need a criminal investigation into the apparent violation of our anti-money laundering laws.
I’ve long said big bank CEOs should be held personally accountable if their banks break the law.
Bank of America to Pay $1.2 Billion to Settle Violations of Money Laundering, Sanctions Laws
The Treasury Department and regulators say bank missed $5 billion of suspicious activity.
www.wsj.com
October 14, 2026 at 8:36 PM
A slap on the wrist for Bank of America.
CEO Brian Moynihan owes Congress answers, and we need a criminal investigation into the apparent violation of our anti-money laundering laws.
I’ve long said big bank CEOs should be held personally accountable if their banks break the law.
CEO Brian Moynihan owes Congress answers, and we need a criminal investigation into the apparent violation of our anti-money laundering laws.
I’ve long said big bank CEOs should be held personally accountable if their banks break the law.
Bank of America hit with $1.2 billion penalty over money laundering allegations www.axios.com/2026/10/13/t...
Bank of America hit with $1.2 billion penalty over money laundering allegations
The action includes the third-largest penalty in Treasury history.
www.axios.com
October 14, 2026 at 4:53 PM
Bank of America hit with $1.2 billion penalty over money laundering allegations www.axios.com/2026/10/13/t...
1,2 Md d'amende contre Bank of America pour blanchiment. On n'en a toujours pas fini avec les comportements délictueux des grandes banques.
home.treasury.gov/news/press-r...
home.treasury.gov/news/press-r...
U.S. Treasury Announces Record Enforcement Actions Against Bank of America
Third-Largest Penalty in Treasury History; Largest in OCC History WASHINGTON—Today, the U.S. Department of the Treasury announced enforcement actions imposing more than $1.21 billion in penalties against Bank of America (“the Bank”), the second-largest bank in the United States, for violations of …
home.treasury.gov
October 14, 2026 at 6:42 AM
1,2 Md d'amende contre Bank of America pour blanchiment. On n'en a toujours pas fini avec les comportements délictueux des grandes banques.
home.treasury.gov/news/press-r...
home.treasury.gov/news/press-r...