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American Express money laundering fine: $350m, and no asset cap
The American Express money laundering fine is $350m. The Office of the Comptroller of the Currency, which supervises national banks, fined American Express National Bank on Thursday for failures in its anti-money laundering programme, which US banks must run under the Bank Secrecy Act (BSA). It also ordered the bank to fix them.
The American Express money laundering fine is $350m: regulators found its bank missed about $13bn of suspect activity over a decade, from 2014 to 2025.
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