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US fines Bank of America $1.2bn for money laundering, sanctions violations

Source: Al Jazeera · Published

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.

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  • #laundering
  • #sanctions
  • #money
  • #bank
  • #us
  • #violations