Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Industry Summary Page

Industry: financial services
Penalty Total since 2000: $364,987,502,767
Number of Records: 7,424
Note: The totals include only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. The totals are adjusted to account for the fact that each parent's entries may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. They are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the individual records list below.
Top 10 Current Parent CompaniesTotal Penalty $Number of Records
Bank of America$83,860,718,022283
JPMorgan Chase$36,735,865,891239
Citigroup$26,665,437,031170
Wells Fargo$25,943,801,143236
Deutsche Bank$19,684,396,13592
UBS$17,479,735,000115
Goldman Sachs$17,054,777,59197
NatWest Group PLC$14,007,380,19038
Credit Suisse$11,673,430,79257
Morgan Stanley$10,440,931,900196

Individual Penalty Records:

Click on the company or penalty amount for more information on each case. Click on the parent name to reach the summary page for that parent company.

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)
CompanyCurrent ParentPrimary Offense TypeYear sort icon . AgencyPenalty Amount
Edward D. Jones & Co.Jones Financialwage and hour violation2008private lawsuit-federal$19,000,000
USAAUSAAwage and hour violation2008private lawsuit-federal$738,423
Wilmington Finance Inc.OneMain Holdingswage and hour violation2008private lawsuit-federal$2,925,000
LPL Financial CorporationLPL Financialinvestor protection violation2008SEC$275,000
E*Trade Clearing LLCMorgan Stanleyinvestor protection violation2008SEC$500,000
Gabelli Funds LLCGamco Investors Inc.investor protection violation2008SEC$16,000,000
JPMorgan Chase & Co.JPMorgan Chaseinvestor protection violation2008SEC$1,998,143
Smith BarneyMorgan Stanleyemployment discrimination2008private lawsuit-federal$33,000,000
Morgan StanleyMorgan Stanleyemployment discrimination2008private lawsuit-federal$750,000
Morgan StanleyMorgan Stanleyemployment discrimination2008private lawsuit-federal$16,000,000
Norddeutsche Landesbank GirozentraleNorddeutsche Landesbankemployment discrimination2008private lawsuit-federal$2,618,600
Willis GroupWillis Towers Watsonemployment discrimination2008private lawsuit-federal$12,757,949
FleetBoston Financial CorpBank of Americabenefit plan administrator violation2008private lawsuit-federal$83,401,000
American International Group, Inc.American International Groupbenefit plan administrator violation2008private lawsuit-federal$24,200,000
New York Life InsuranceNew York Life Insurancebenefit plan administrator violation2008private lawsuit-federal$14,000,000
A.G. Edwards & Sons, Inc.Wells Fargoinvestor protection violation2008NJ-AG$387,000
American International GroupAmerican International GroupFalse Claims Act and related2008MA-AG$218,920
American International Group, Inc.American International Groupprice-fixing or anti-competitive practices2008MULTI-AG$12,500,000
Aon Corp.Aonconsumer protection violation2008FL-AG$4,000,000
Banc of America Securities LLCBank of Americainvestor protection violation2008MULTI-AG$4,550,000,000
Bankers Life and CasualtyCNO Financialprivacy violation2008MO-AG$25,000
CitibankCitigroupconsumer protection violation2008CA-AG$3,500,000
CitigroupCitigrouptoxic securities abuses2008MA-AG$20,000,000
Citigroup Global Markets, Inc. and Citi Smith BarneyCitigroupinvestor protection violation2008MULTI-AG$7,100,000,000
Comerica BankComericatoxic securities abuses2008MI-AG$110,000
Countrywide Home LoansBank of Americamortgage abuses2008MULTI-AG$8,680,000,000
Deutsche Bank Securities, Inc. and Deutsche Bank AGDeutsche Bankinvestor protection violation2008MULTI-AG$3,348,333,333
Edward Jones & Co.Jones Financialinvestor protection violation2008CA-AG$7,500,000
EZCORP, Inc.EZCORP Inc.privacy violation2008TX-AG$600,000
Fannie MaeFannie Maeconsumer protection violation2008NY-AG$12,000,000
Freddie MacFreddie Mac (Federal Home Loan Mortgage Corporation)consumer protection violation2008NY-AG$12,000,000
GMAC BankAlly Financialconsumer protection violation2008NY-AG$200,000
Goldman Sachs Group, Inc.Goldman Sachsinvestor protection violation2008MULTI-AG$3,355,833,333
H&R BlockH&R Blockconsumer protection violation2008NY-AG$245,000
Jackson National Life Insurance CoJackson Financialinvestor protection violation2008CT-AG$484,000
JP Morgan Chase & Co.JPMorgan Chaseinvestor protection violation2008MULTI-AG$3,525,000,000
Mastercard International Inc.MasterCardprice-fixing or anti-competitive practices2008WV-AG$6,400,000
Merrill LynchBank of Americatoxic securities abuses2008MA-AG$13,700,000
Merrill Lynch & Co.Bank of Americainvestor protection violation2008MULTI-AG$3,458,333,333
MoneyGram Payment Systems, Inc.MoneyGram Internationalconsumer protection violation2008MULTI-AG$1,100,000
Morgan StanleyMorgan Stanleyinvestor protection violation2008MULTI-AG$3,535,000,000
Morgan Stanley & Co.Morgan Stanleytoxic securities abuses2008MA-AG$1,500,000
Mutual of Omaha Insurance Co.Mutual of Omahakickbacks and bribery2008CT-AG$1,700,000
National City Commercial Capital Company LLCPNC Financial Servicesconsumer protection violation2008MULTI-AG$7,200,000
Nationwide InsuranceNationwideconsumer protection violation2008MS-AG$40,000,000
Nelnet, Inc.Nelnetconsumer protection violation2008NY-AG$200,000
RBC Capital Markets CorporationRoyal Bank of Canadainvestor protection violation2008MULTI-AG$859,800,000
State FarmState Farm Insuranceconsumer protection violation2008MS-AG$74,000,000
UBS Financial Services, Inc. and UBS Securities LLCUBStoxic securities abuses2008MA-AG$35,000,000
UBS Securities LLC and UBS Financial Services, Inc.UBSinvestor protection violation2008MULTI-AG$11,150,000,000
Universal Underwriters Life Insurance Co.Zurich Insuranceconsumer protection violation2008TX-AG$2,400,000
Visa USA Inc.Visaprice-fixing or anti-competitive practices2008WV-AG$6,400,000
Wachovia SecuritiesWells Fargoinvestor protection violation2008MULTI-AG$60,000,000
CompuCredit CorporationAtlanticus Holdingsbanking violation2008FDIC$806,000
CompuCredit CorporationAtlanticus Holdingsbanking violation2008FDIC$558,000
Unum GroupUnumkickbacks and bribery2008USAO$5,550,000
Metropolitan Life InsuranceMetLifekickbacks and bribery2008CA-MULTI$500,000
Prudential Insurance Co.Prudential Financialkickbacks and bribery2008CA-MULTI$350,000
Unum Insurance Co.Unumkickbacks and bribery2008CA-MULTI$250,000
Countrywide Financial Corp.Bank of Americamortgage abuses2008HI-DCCA$84,548,000
Wells Fargo BankWells FargoFalse Claims Act and related2008USAO$4,046,786
Principal Life Insurance Co.Principal Financialinsurance violation2008AK-INS$25,000
Nationstar Mortgage LLCMr. Cooper Groupconsumer protection violation2008AZ-DIFI$12,500
Western Union Financial Services, Inc.Western Unionconsumer protection violation2008AZ-DIFI$2,000,000
Allianz Life Insurance Company of North AmericaAllianzinsurance violation2008CA-INS$10,050,000
California Physicians' Service dba Blue Shield of CaliforniaCalifornia Physicians' Serviceinsurance violation2008CA-MHC$17,500
California Physicians' Service dba Blue Shield of CaliforniaCalifornia Physicians' Serviceinsurance violation2008CA-MHC$45,000
Blue Shield of CaliforniaCalifornia Physicians' Serviceinsurance violation2008CA-MHC$5,000,000
Philadelphia Indemnity Insurance Co.Tokio Marineinsurance violation2008CA-INS$60,000
California Physicians' Service dba Blue Shield of CaliforniaCalifornia Physicians' Serviceinsurance violation2008CA-MHC$7,500
American Bankers Life Assurance Company of Florida et al.Assurantinsurance violation2008CA-INS$750,000
California Physicians' Service dba Blue Shield of CaliforniaCalifornia Physicians' Serviceinsurance violation2008CA-MHC$40,000
California Physicians' Service dba Blue Shield of CaliforniaCalifornia Physicians' Serviceinsurance violation2008CA-MHC$1,250,000
Assurant HealthAssurantinsurance violation2008CT-INS$2,100,000
Jackson National Life Insurance Co.Jackson Financialinsurance violation2008CT-INS$483,000
Chicago Insurance Co.Allianzinsurance violation2008FL-OFR$130,000
The Guardian Life Insurance Company of AmericaGuardian Life Insuranceinsurance violation2008FL-OFR$10,500
Zurich American Insurance Co.Zurich Insuranceinsurance violation2008FL-OFR$8,000
State Farm Life Insurance Co.State Farm Insuranceinsurance violation2008FL-OFR$10,500
Property and Casualty Insurance Company of HartfordHartford Financial Servicesinsurance violation2008FL-OFR$13,000
QBE Insurance Corp.QBE Insuranceinsurance violation2008FL-OFR$157,000
Amex Assurance Co.American Expressinsurance violation2008FL-OFR$8,000
Nationwide Financial ServicesNationwideconsumer protection violation2008FL-OFR$7,000
American General Life Insurance Co.American International Groupinsurance violation2008FL-OFR$260,000
Old Republic National Title Insurance Co.Old Republic Internationalinsurance violation2008ID-INS$10,000
Bristol West Insurance Co.Zurich Insuranceinsurance violation2008ID-INS$5,330
Globe Life and Accident Insurance Co.Globe Life Inc.insurance violation2008ID-INS$26,000
Ameriprise Financial Services, Inc.Ameriprise Financialinvestor protection violation2008IL-SEC$1,449,384
ING Financial Partners, Inc.Voya Financialinvestor protection violation2008IL-SEC$4,677,326
Wausau Business Insurance Co.Liberty Mutual Insuranceinsurance violation2008KS-INS$15,622
Continental Western Insurance Co.W.R. Berkleyinsurance violation2008KS-INS$10,000
Nationstar Mortgage LLCMr. Cooper Groupconsumer protection violation2008KY-FIN$105,000
Home Loan Center, Inc. dba Lending Tree LoansLendingTreeconsumer protection violation2008KY-FIN$16,000
Banc of America Investment Services, Inc.Bank of Americainvestor protection violation2008MD-SEC$10,000
Morgan Stanley & Co. Inc.Morgan Stanleyinvestor protection violation2008MD-SEC$35,000
Wachovia Securities, LLCWells Fargoinvestor protection violation2008MD-SEC$50,000
Time Insurance Co.Haven Holdingsinsurance violation2008MN-FIN$7,500
Bankers Life and Casualty Co.CNO Financialinsurance violation2008MN-FIN$7,500
Illinois Farmers Insurance Co.Zurich Insuranceinsurance violation2008MN-FIN$70,000
Allied Property and Casualty Insurance Co.Nationwideinsurance violation2008MN-FIN$7,000
Federal Insurance Co.Chubb Limitedinsurance violation2008MO-INS$5,900
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.