#sanctions violations
3 stories
Bank of America fined $1.2bn for money laundering failures
The US Treasury Department penalises Bank of America for failing to detect and report over $5bn in suspicious activity, including potential Chinese money laundering networks.
BBC News · 1m
US Fines Bank of America $1.2 Billion for AML and Sanctions Violations
US fines Bank of America $1.2 billion over alleged anti-money laundering and sanctions breaches.
Pymnts · 1m
US fines Bank of America $1.2 billion for money laundering failures
The Treasury Department penalizes America's second-biggest bank for violating anti-money laundering and sanctions laws, the third-largest fine in departmental history.
ABC News · 1m