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News 2026-10-14 09:10 UTC

BUZZ — BofA shares fall after $1.2 bln Treasury — related settlement charge

* Bank of America fall 1.5% to $53.2 premarket * Co says it will take a $1.2 bln charge to settle regulatory probes into its anti-money laundering controls, a penalty which BAC said could hurt its Q3 earnings * The fine, one of the largest ever from the Treasury Dept, stems from failures to detect and report suspicious