US fines Bank of America $1.2bn for money laundering, sanctions violations
The second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
According to Al Jazeera English, the second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
This politics story centres on the United States.
Why it matters
Political decisions and disputes like this can influence policy, public services and the direction of government.
Key details
- Location
- United States · Americas
- Reported by
- Al Jazeera English
- First reported
- Key names
- Bank of America
- Section
- Politics
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at Al Jazeera EnglishSpotted an error? Request a correction · How this summary was produced
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