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US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws - AP News

Bank of America fined $1.2 billion for money laundering and sanctions violations.

What changed

Bank of America fined $1.2 billion for money laundering and sanctions violations.

Why it matters

Bank of America fined $1.2 billion for money laundering and sanctions violations. — impact context not separately stored; see What changed.

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