The bank, which was accused of neglecting safeguards against illegal activity and of lying to a regulator, agreed to pay $613 million in fines and penalties to resolve the case.
U.S. Bank Cited by Federal Authorities for Lapses on Money Laundering
The bank, which was accused of neglecting safeguards against illegal activity and of lying to a regulator, agreed to pay $613 million in fines and penalties to resolve the case.