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

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This story was selected and curated by our editorial team in the News category. Published on October 13, 2026 • Originally reported by Al Jazeera – Breaking News, World News and Video from Al Jazeera. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
The second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
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