The second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
US fines Bank of America $1.2bn for money laundering, sanctions violations
The second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
Originally reported by Al Jazeera
More like this
All World
Houthi missiles intercepted over Saudi Arabia as battles intensify
Saudi Arabia says it intercepted missiles targeting Riyadh and Dhahran, with falling debris injuring people.
Ukrainian ex-officer goes on trial in Germany over Nord Stream blasts
The trial is expected to run into February and could test Germany's political stance on Ukraine.
UN Human Rights Council elects 15 members in uncontested vote
Rights groups say uncontested vote undermines accountability as countries with poor human rights records win seats.