Bank of America hit with $1.2bn fine for money laundering failings

BBC News•Wed, Oct 14, 2026, 02:05 AM•2 min read

The bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.

Source: [BBC News](https://www.bbc.co.uk/news/articles/cm3wvxy6n3z8o?at_medium=RSS&at_campaign=rss)

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