Economic·Bloomberg·15h agoUnited States

Bank of America CEO Addresses $1.21B Fine

Moynihan says bank accountable for all actions

Neutral1 min read
Bank of America CEO Addresses $1.21B Fine

AI Summary

Bank of America CEO Brian Moynihan said the bank has "accountability for everything we do" after receiving $1.21 billion in fines over money laundering and sanctions issues, adding the costs are already factored in.

Keywords

Bank of Americamoney launderingsanctionsfinesBrian Moynihan

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