OCC Issues Cease and Desist Order Against Bank of America for BSA Deficiencies
https://www.occ.treas.gov/news-issuances/news-releases/2024/nr-occ-2024-140.html
4 replies (most recent on top)
The government expects Bank of America to spy on it's customers better?
Currently work in direct relation and I respectfully disagree.
Yes, it will be seven years in February, while there are a lot of well know problems with the operation of U.S. Bank, in my opinion, they are no so much BSA related, they are more BS related
https://www.americanbanker.com/news/regulators-fine-us-bank-more-than-600m-for-aml-errors
Didn’t we get hit like 7 years ago ?