Stock Update: Bank of America Corporation (NYSE:BAC) – Bank of America to pay $16.6 mln to resolve U.S. sanctions violations

[Reuters] – Bank of America Corp’s banking unit agreed to pay $16.6 million to resolve allegations that it processed transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department . . . → Read More: Stock Update: Bank of America Corporation (NYSE:BAC) – Bank of America to pay $16.6 mln to resolve U.S. sanctions violations Similar Articles: Stock Update (NYSE:BAC): Did Bank Of America Breach Agreement With Tibco Software? Company Update: Bank of America Corporation (NYSE:BAC) – BofA’s investment bank aims to be more diversified, global Company Update (NYSE:BAC): Former Bank of America retail banker Perry Hall joins Moelis