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Regulators fined Bank of America (BAC) more than $1.2 billion on Tuesday, the third-largest fine in the Treasury Department
Third-largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earnings
WASHINGTON -- The U.S. Treasury Department said Tuesday that it's imposing $1.2 billion in fines on Bank of America for supposedly violating anti-money laundering and sanctions laws.