Bank of America fined $1.2 billion by Treasury Department for anti-money laundering and sanctions law violations

NewsJaws News FeedSource-attributed news briefs

Published Oct 13, 20261 min read

Save for later

The US Treasury Department on Tuesday announced it was imposing a more than $1.2 billion fine on Bank of America, accusing the bank of violating anti-money laundering and sanctions laws.

Read the original report at Cnn.

Read in depth: Business

The former Post Office, Courthouse and Customhouse in Wilmington, Delaware.

Business

States seek safeguards for children’s data in Character.AI bankruptcy

Forty state attorneys general want a Delaware bankruptcy court to protect sensitive chats and require child-safety measures as Character.AI explores an asset sale.

14 Oct 20263 min read

Exterior of Costco’s Auckland warehouse in New Zealand.

Business

Costco’s Christchurch store proposal accepted into fast-track approvals process

The referral lets Costco lodge a substantive application for a proposed warehouse near Christchurch Airport. Final approval to build is still required.

14 Oct 20263 min read

Sources and context

Cnn

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-14. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.