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US hits Bank of America with $1.2B fine for allegedly violating anti-money laundering and sanctions laws

US hits Bank of America with $1.2B fine for allegedly violating anti-money laundering and sanctions laws
Photo: ABC7 Los Angeles (KABC) · view original

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws.

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