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BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says

Bloomberg Markets Wednesday 14 October 2026, 18:42 UTC 1 min read
Key Points

Oct 14th, 2026 BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says 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.

Oct 14th, 2026 BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says 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.
BofA Takes (ORG) US (LOCATION) Moynihan (PERSON) Bank of America Corp. (ORG) Brian Moynihan (PERSON) Bloomberg (PERSON) Jonathan Ferro (PERSON)
Originally published by Bloomberg Markets Read original →

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