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fincen penalty

Bank of America Hit With $1.2B Penalty Over AML Failures

October 13, 2026 by Bruno M.
AI-generated editorial image: An imposing financial institution building facade under muted morning daylight

U.S. regulators fined Bank of America over $1.2 billion for anti-money laundering failures, triggering a 17-cent per share hit to Q3 earnings.

Categories Earnings, Economy & Macro Tags anti money laundering, bank earnings, Bank of America, capital markets, fincen penalty, occ enforcement

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