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Bank of America hit with more than $1.2 billion in penalties over money-laundering violations

By CNBC | 1 min read

Bank of America hit with more than $1.2 billion in penalties over money-laundering violations

# Bank of America hit with more than $1.2 billion in penalties over money-laundering violations **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/13/bank-of-america-treasury-money-laundering.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*