Report
US Treasury reportedly fined Bank of America more than $1bn for money laundering and sanctions violations
FT reports the Treasury concluded the bank failed to properly report more than $5bn in suspicious transactions.
TLDR
The Financial Times reports that the US Treasury fined Bank of America more than $1bn for money laundering and sanctions violations. The Treasury concluded the bank failed to properly report more than $5bn in suspicious transactions.
Combined views
2.3M
47 Sources, first seen ago
