Bank of America fined $1.21 billion as regulators cite failures involving $5 billion in suspicious

Bank of America fined $1.21 billion as regulators cite failures involving $5 billion in suspicious activity: What went wrong?: Bank of America faces a $1.21 billion US fine over failures to report suspicious transactions, with the penalty expected to hurt quarterly earnings. #BankOfAmerica #FinanceNews #Regulations #Fines #SuspiciousActivity