US Treasury Hits Bank Of America With $1.2B+ In Penalties Over Suspicious Transactions Lapses
News world US Treasury Hits Bank Of America With $1.2B+ In Penalties Over Suspicious Transactions Lapses Last Updated:October 14, 2026, 04:54 IST The department flagged transactions linked to suspected Chinese money-laundering networks and illicit financial activity along US-Mexico border, citing national security concerns. Bank of America’s logo adorns the facade of its office in downtown…
