What banks can learn from Fincen's penalty against BofA

T1Covered by 1 source · first reported by American Banker (headlines) at 20 Oct, 10:00 UTC

Fincen's order against Bank of America shows what happens when a bank tunes for a ratio and ignores data.

fintech

Sources

• T1What banks can learn from Fincen's penalty against BofAAmerican Banker (headlines)20 Oct, 10:00