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BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says

visibility comment0 event October 14, 2026 timer 16:21

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Bank of America Corp. Chief Executive Officer Brian Moynihan addresses the $1.2 billion in fines levied against the company by the US government. He says the bank takes the fines seriously and there is accountability at the firm. He says costs associated with these fines are in the company "baseline." He speaks to Bloomberg’s Jonathan Ferro.
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