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Bank of America fined $1.21 billion by US regulators for widespread money‑laundering failures
258 posts · 4 accounts · +4% vs the day before
- Bank of America received a $1.21 billion penalty from US regulators for systemic lapses in detecting money‑laundering and other illicit activity, a sanction that will weigh on its third‑quarter earnings[29]
- An administrative building at Saudi Aramco’s Dhahran headquarters was attacked, causing a limited fire and loud booms heard nearby, according to the Energy Ministry and unnamed sources[27][28]
- GameStop CEO Ryan Cohen purchased nearly $23 million of company shares, indicating confidence in the retailer’s turnaround plan[3]
- US Secretary of State Marco Rubio will depart on October 17 for a five‑day trip to India and Uzbekistan to discuss energy cooperation, as announced by the State Department[8]
- Iran’s senior officials said the country is deploying new tactics to target ships in the Strait of Hormuz to keep oil prices high ahead of the US midterm elections[33]
Posts cited
[3] Reuters · @reuters ·
GameStop CEO Cohen buys shares worth nearly $23 million
Open on X[8] Reuters · @reuters ·
US Secretary of State Marco Rubio will depart on October 17 on a five-day trip to India and Uzbekistan, the State Department said, adding that he will discuss energy cooperation in India
Open on X[27] Reuters · @reuters ·
Loud booms heard near Saudi Aramco headquarters in Dhahran, sources say
Open on X[28] Reuters · @reuters ·
An administrative building belonging to Saudi Arabia's state-owned oil company Saudi Aramco in the eastern city of Dhahran was attacked, causing a limited fire, the Energy Ministry said in a statement as fighting between Yemen's Iran-allied Houthis and the kingdom intensified reut.rs/4jg9I0z
Open on X[29] Reuters · @reuters ·
Bank of America has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings
Open on X[33] Reuters · @reuters ·
Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials told Reuters
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