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US hits Bank of America with $1.2 billion fine over money laundering

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws. The fines Tuesday on America’s second-biggest bank amount to the third-largest in the department’s histo…

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US hits Bank of America with $1.2 billion fine over money laundering

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws. The fines Tuesday on America’s second-biggest bank amount to the third-largest in the department’s histo…

WASHINGTON (AP) The U.S. Treasury Department said Tuesday that its imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws. The fines on Am…

Originally published by Associated Press. Read the full article →

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