Mizrahi Tefahot Bank was fined $300,000 by the Federal Deposit Insurance Corp. for failing to monitor, analyze and report suspicious activity from at least 2007 through 2009, the agency said.
A Miami-based bank is expected to agree to pay between $10 million and $15 million to the U.S. government in the next month for Bank Secrecy Act violations, according to individuals familiar with the matter.
print