Violation Tracker Individual Record

Company: 
JPMorgan Chase Bank
Current Parent Company: 
JPMorgan Chase
Penalty: 
$1,700,000,000
Primary Offense: 
anti-money-laundering deficiencies
Violation Description: 

The United States Attorney for the Southern District of New York annnounced a deferred prosecution agreement relating to criminal charges and a settlement of civil claims against JPMorgan Chase Bank in connection with the bank's relationship with Bernard L. Madoff Investment Securities.

Year: 
2014
Agency: 
Southern District of New York (selected cases)
Civil or Criminal Case: 
civil and criminal: deferred prosecution agreement
Prosecution Agreement: 
deferred prosecution agreement
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.