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treasury department

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Major U.S. Bank Hit With $1.21 Billion In Penalties After Ignoring Red Flags

News

Major U.S. Bank Hit With $1.21 Billion In Penalties After Ignoring Red Flags

The penalties include the largest fine in the history of the nation’s top bank regulator and the third-largest penalty in Treasury history.

4 min · Kassy Akiva

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Tuesday, October 20 2026

Morning WireShort

Musk's Big Promise To America’s Kids