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

Source: cnbc October 13, 2026 · 13:23
Bank of America hit with more than $1.2 billion in penalties over money-laundering violations
Photo by Tima Miroshnichenko · Pexels
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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