The US Treasury Department announced a $1.2 billion fine against Bank of America for failing to effectively combat border-related money laundering networks and illegal financial activities.
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@clashreport
2026-10-14 18:01 · US Fines Bank of America $1.2 Billion Over Money Laundering Failures Treasury said Bank of America failed to address Chinese money-laundering networks and illicit finance tied to borders. https://t.co…
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US fines Bank of America $1.2 billion
2026.10.15 · Developing
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