anti-money-laundering
Every record this desk has filed under anti-money-laundering, newest first, each with the number of sources it can still show you.
American Express and its national bank consent to Federal Reserve and OCC orders over anti-money-laundering compliance; the bank agrees to pay $350 million
On October 8, 2026, the Federal Reserve (Fed) and the Office of the Comptroller of the Currency announced separate orders over anti-money-laundering controls at American Express. The Fed's consent order sets no dollar penalty and calls for written plans within 90 days. The OCC's orders against American Express National Bank include a $350 million civil money penalty. None of the three orders mentions refunds or any step customers must take.
Also filed underamerican-expressfederal-reserveoccbank-regulationsuspicious-activity-reports
$1.4 billion flagged late, thirteen bankers named, and not one regulatory penalty.
A Senate Finance minority report published this week says JPMorgan Chase, Deutsche Bank and Bank of America likely broke federal anti-money-laundering law in how they handled Jeffrey Epstein's money — and that after his 2019 arrest those banks retroactively flagged transactions moving more than $1.4 billion they had not reported at the time. Epstein held 134 accounts at one of them. Thirteen bankers are named. One faced consequences, at a British bank, for a different reason. Every bank refused to cooperate with the committee. This desk read the report as a document, and the striking thing is not the size of the finding — it is the size of the gap between the finding and anything happening because of it.
Also filed underepsteinbanksoversightsenate-financeaccountabilityprimary-sourceevidence-posturecase-files
A record appears here because it carries anti-money-laundering in its own tags. If a record you expected is missing, it was filed under a different subject — the full list is on the topics index.