Move comes as Senator Elizabeth Warren condemns Barclays response to questions over ex-boss’s ties to sex offender

US lawmakers have unveiled a new bill to hold Wall Street’s “Epstein-connected” bosses to account for helping finance the late sex offender’s crimes.

It came as top Democratic senator Elizabeth Warren condemned the UK bank Barclays for “dodging responsibility” over its failure to vet former boss Jes Staley and his ties to the once well-connected billionaire.

Third-largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earnings

Bank of America (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect ‌potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings.

The US treasury department said the fine, the third-largest in department history, is due to the bank’s failure to report more than $5bn in suspicious activity to the government, including $1bn that posed national security-related and other priority illicit finance risks.