Bank of America stock falls in the wake of a historic $1.2 billion fine after it failed to report financial crime
Bank of America has been fined over $1.2 billion for violating anti-money-laundering and sanction laws. On Tuesday, October 13, the U.S. Department of the Treasury handed down the fine, stating that Bank of America had failed to report over $5 billion in “suspicious activity” to the Financi

<p>Bank of America has been fined over $1.2 billion for violating anti-money-laundering and sanction laws.
On Tuesday, October 13, the U.S. Department of the Treasury handed down the fine, stating that Bank of America had failed to report over $5 billion in “suspicious activity” to the Financi</p>