Bank of America Hit with $1.2 Billion Treasury Penalties on Eve of Earnings
Bank of America faces $1.21 billion in anti-money laundering and sanctions penalties ahead of Q3 earnings.
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Why It Matters
Bank of America has to pay $1.2 billion for not catching bad money moves. When a big bank gets fined, watch how much money they still have left.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.