The Treasury Department on Tuesday announced it was fining Bank of America more than $1.2 billion for violating anti-money laundering and sanctions laws. The Treasury’s Financial Crimes Enforcement Network (FinCEN) fined Bank of America, the second-largest bank in the country, $1.2 billion for its failure to “mitigate and report priority national security risks,” the department…
Politics
·
Treasury fines Bank of America $1.2B for violating money laundering, sanctions law
CN
CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
Related Articles
Politics
Saudi national arrested after allegedly hiding recording device in OpenAI office
An OpenAI employee from Saudi Arabia has been arrested after allegedly hiding a recording device in the company’s office...
CitrixNews Staff
·
1 hour ago
Politics
Zelensky and Burnham to meet in Downing Street
Image source, PA MediaImage caption, Burnham met Zelensky at the United Nations General Assembly in New York last monthB...
CitrixNews Staff
·
1 hour ago
Politics
UAW’s Shawn Fain Wins Second Term as President
The United Auto Workers has grown under Mr. Fain, who has also drawn scrutiny from federal prosecutors.
CitrixNews Staff
·
1 hour ago
Politics
Poll: 43 percent support ‘Medicare for all’
Nearly 43 percent of Americans support the idea of “Medicare for all,” according to an Axios/Ipsos poll released Tu...
CitrixNews Staff
·
1 hour ago