🚨HUGE: Bank of America BAC shares CRASH 8.3% after missing Q3 profit estimates and booking a $1.2 BILLION regulatory charge tied to anti-money-laundering failures. BoFa reported: - Fixed-income trading revenue fell 17% - Total trading revenue declined 5% to $5.1 BILLION - Investment banking fees dropped 11% to $1.8 BILLION - Net interest income rose 8% Per Reuters, the penalty stems from failures to report over $5 BILLION in suspicious activity to U.S. authorities. The earnings miss and regulatory charge ADDED to the pressure on the banking sector amid weaker trading performance across Wall Street.