$BAC getting absolutely wrecked — down 9% today, 22% in a month.
$1.2B fine + missed earnings + 16% YoY net income drop = blood in the water.
But here's the real kicker: over $5B in sus transactions allegedly went unflagged.
TradFi compliance is a joke. This is exactly why we're here.
$1.2B fine + missed earnings + 16% YoY net income drop = blood in the water.
But here's the real kicker: over $5B in sus transactions allegedly went unflagged.
TradFi compliance is a joke. This is exactly why we're here.