{
  "id": 14393605,
  "title": "Bank of America hit with $1.2bn fine for money laundering failings",
  "url": "https://urgent.news/2026/10/14/bank-of-america-hit-with-1-2bn-fine-for-money-laundering-failings-14393605",
  "topic": "world",
  "section": "World",
  "published": "2026-10-14T07:28:39.000Z",
  "source": {
    "name": "KBC",
    "slug": "kbc",
    "url": "https://www.kbc.co.ke/bank-of-america-hit-with-1-2bn-fine-for-money-laundering-failings/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Bank of America has been fined $1.2bn (£910m) for failing to detect potential money laundering and other illegal activity, the US Treasury Department said on Tuesday. The banking giant failed to report over $5bn in suspicious activity to the government, $1bn of which posed national security and illicit finance risks, the Treasury said. Those failures […] The post Bank of America hit with $1.2bn…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "ABC News AU",
        "title": "Live: Bank of America fined $US1.2 billion for anti-money laundering failures",
        "url": "https://urgent.news/2026/10/13/live-bank-of-america-fined-us1-2-billion-for-anti-money-laundering",
        "published": "2026-10-13T21:13:09.000Z"
      },
      {
        "outlet": "ABC News (US)",
        "title": "US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws",
        "url": "https://urgent.news/2026/10/13/us-hits-bank-of-america-with-1-2-billion-fine-saying-it-violated",
        "published": "2026-10-13T21:17:53.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "Bank of America fined $1.2bn over claimed sanctions breaches",
        "url": "https://urgent.news/2026/10/13/bank-of-america-fined-1-2bn-over-claimed-sanctions-breaches",
        "published": "2026-10-13T21:18:53.000Z"
      },
      {
        "outlet": "BBC World",
        "title": "Bank of America hit with $1.2bn fine for money laundering failings",
        "url": "https://urgent.news/2026/10/14/bank-of-america-hit-with-1-2bn-fine-for-money-laundering-failings-14367521",
        "published": "2026-10-14T02:05:32.000Z"
      },
      {
        "outlet": "Gulf News",
        "title": "US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws",
        "url": "https://urgent.news/2026/10/14/us-hits-bank-of-america-with-1-2-billion-fine-saying-it-violated",
        "published": "2026-10-14T02:51:06.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Bank of America hit with $1.2bn fine for money laundering failings",
        "url": "https://urgent.news/2026/10/14/bank-of-america-hit-with-1-2bn-fine-for-money-laundering-failings",
        "published": "2026-10-14T02:55:00.000Z"
      },
      {
        "outlet": "KahawaTungu",
        "title": "Bank of America hit with $1.2bn fine for money laundering failings",
        "url": "https://urgent.news/2026/10/14/bank-of-america-hit-with-1-2bn-fine-for-money-laundering-failings-14358562",
        "published": "2026-10-14T03:01:46.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "US bank: Over $1.2 billion fine for Bank of America",
        "url": "https://urgent.news/2026/10/14/us-gro-bank-uber-1-2-milliarden-dollar-strafe-fur-bank-of-america",
        "published": "2026-10-14T04:51:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}