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Should You Buy Bank of America Stock After a $1.2 Billion Regulatory Fine?

Source: fool.com

Banking & LiquidityRegulation & LegislationCorporate EarningsLegal & Litigation
Should You Buy Bank of America Stock After a $1.2 Billion Regulatory Fine?

Bank of America is facing a regulatory fine for anti-money-laundering violations and recently reported disappointing earnings. The article notes that such violations are not uncommon among large money-center banks, but gives no fine amount or earnings figures.

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