The Treasury just fined BofA $1.2 billion, saying it didn't report Chinese money laundering networks

Fecha de publicación: 14 de octubre de 2026, 5:02

The Treasury has fined the Bank of America more than $1.2 billion. Nicolò Campo/LightRocket via Getty Images The Treasury Department has imposed a fine of more than $1.2 billion on the Bank of America. It said BofA failed to report suspicious transactions tied to Chinese money-laundering networks.…