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Finance

Banks, asset managers, payments networks, insurers, fintech, crypto-linked companies, and the capital markets around them.

BlackRock’s Larry Fink Warns Against Halting Data Center Builds, Citing Recession Risk
The Apex Times

THE APEX TIMES

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Bank of America shares fall after $1.2 billion money-laundering fine, renewing questions about why no executives face prison
The Apex Times

THE APEX TIMES

Business / The Apex Times

Bank of America shares fall after $1.2 billion money-laundering fine, renewing questions about why no executives face prison

Bank of America stock dropped sharply after the firm disclosed a $1.2 billion money-laundering-related penalty that, according to the report, came without criminal charges for individuals. The move has reignited debate about why enforcement outcomes can differ between banks and individuals in related cases.

Oct 14, 2:48 PM EDT