Live: Bank of America fined $US1.2 billion for anti-money laundering failures
3 sources·Updated October 14, 2026
Bank of America fine
Covered by 3 sources
- BBC Business·6h agoBank of America hit with $1.2bn fine for money laundering failings
The bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.
Read at BBC Business → - ABC Australia Top·11h agoLive: Bank of America fined $US1.2 billion for anti-money laundering failures
The ASX is set to slip after a slightly negative finish on Wall Street. Bank of America is hit with a record fine by the US Treasury. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Read at ABC Australia Top → - Financial Times·12h agoBank of America fined $1.2bn over money laundering failures
US bank failed to flag $5bn in suspicious transactions linked to suspected illicit finance from China and the southern US border
Read at Financial Times →
