PBS NewsHourLean L·
U.S. hits Bank of America with $1.2 billion fine, saying it violated money laundering and sanctions laws
The fines on America's second-biggest bank amount to the third-largest in the department's history.
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The fines on America's second-biggest bank amount to the third-largest in the department's history.

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The fines amount to the third-largest amount in Treasury Department history.