Business

Bank of America Faces Treasury Penalty

Updated 2026-10-14 10:25 UTC 1 source Negative

The U.S. Treasury Department has imposed a $1.2 billion penalty on Bank of America for unspecified violations.

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CNBC
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
2026-10-14 10:15 UTC
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