Bank of America fined $1.2 billion over anti-money-laundering failures2026-10-14The US Treasury said the bank failed to report more than $5 billion in suspicious transactions, including activity tied to priority national-security risks.The penalty includes a record $750 million fine from the Office of the Comptroller of the Currency, which said the bank’s anti-money-laundering program was deficient and ineffective.Bank of America admitted it willfully violated the Bank Secrecy Act and agreed to an $11.6 million settlement over apparent sanctions violations.Bank of America hit with $1.2B fine for money laundering, sanctions violations (The New York Post)Bank of America recibió multas por más de USD 1.200 millones por fallas contra el lavado de dinero (Infobae)Bank of America hit with $1.2B fine over anti-money laundering failures (Daily Sabah)US govt imposes $1.2 billion fine on Bank of America for failing to detect suspicious activity | Dunya News (Dunya News)Bank of America fined $1.2 billion by US government for failing to police suspicious activity (ARY News)