Bank of America: Profit drop due to $1.2 billion fine
October 14, 2026USA0 views
ΑΠΟΨΗ
Bank of America reported a decline in third-quarter profits after setting aside $1.2 billion to cover regulatory fines. The penalties are linked to systemic failures in detecting money laundering and illicit transactions.
#Bank of America#USA#economy#banking sector#fine
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Source: capital
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