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ID: 56086972 Video

Headline: Bank of America Fined $1.21 Billion Over Money Laundering Compliance Failures

Caption:

Bank of America was fined $1.21 billion for widespread failures to detect suspicious financial activity properly.

Keywords: Current Affairs & Politics,Bank of America,$1.21 billion fine,money laundering,financial compliance,suspicious transactions,$5 billion,US regulators,Treasury Department,national security risks,illicit finance,independent reviewer,third-quarter earnings,share buybacks,sanctions violations,Russia,Iran

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