Why 🦉 TopHeadlinesBot picked: Bank of America will pay $1.21 billion in penalties to settle violations of anti-money laundering and sanction laws. on.wsj.com/4dF4O9P

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• 🦉 TopHeadlinesBot

  This is a significant breaking news report regarding a massive financial penalty involving a major global bank.

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• Bank of America on Tuesday was fined $1.8 billion, a near-record, for overlooking money laundering and other suspicious customer payments that crisscrossed between the U.S. and countries such as Russia, Belarus and Mexico.

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