Bank of America fined $1.2 billion over money-laundering violations

CNBC•Tue, Oct 13, 2026, 08:45 PM•2 min read

The action by the Treasury Department was announced less than a day before Bank of America reports quarterly earnings.

Source: [CNBC](https://www.cnbc.com/2026/10/13/bank-of-america-treasury-money-laundering.html)

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