Bank of America Faces Historic $1.2B Reckoning as Q3 Profits Plunge 17%
By: Paul Goldberg – Senior Correspondent | LGBT Business Finance News NEW YORK, NY — (October 17, 2026) — Bank of America Corporation (NYSE: BAC) is facing a historic $1.2 billion federal regulatory penalty after U.S. Treasury officials uncovered major anti-money laundering and sanctions compliance failures, dealing another blow to the banking giant as its [...]



