Bank of America.

PositionStatewide: CHARLOTTE REGION

CHARLOTTE -- Bank of America was fined $205 million for unsafe practices in its foreign-exchange unit, part of $1.8 billion in penalties imposed by the Federal Reserve against six banks, including UBS, Citigroup and JPMorgan Chase. The fines are among the largest ever assessed by the federal bank regulator. In a separate case, the bank agreed to pay a $30...

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