Exclusive: Bank of America Merrill Lynch to pay $26 million for allegedly failing to report suspicious transactions

NEW YORK (TR Regulatory Intelligence) – Wall Street regulators later Thursday or early next week are expected to fine Bank of America Merrill Lynch (BAC.N) a total of $26 million over alleged failures to report suspicious transactions, two sources familiar with the matter said.

https://www.reuters.com/article/us-bankamerica-regulation-exclusive/exclusive-bank-of-america-merrill-lynch-to-pay-26-million-for-allegedly-failing-to-report-suspicious-transactions-idUSKBN1EF2VR?il=0

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