Violation Tracker Parent Company Summary
Parent Company Name:
Royal Bank of Scotland
Ownership Structure:
publicly traded (ticker symbol RBS)
Headquartered in:
United Kingdom
Major Industry:
financial services
Specific Industry:
banking & securities
Penalty total since 2000:
$13,473,904,000
Number of records:
28
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| financial offenses | $12,228,904,000 | 23 |
| competition-related offenses | $1,245,000,000 | 5 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
|---|---|---|
| toxic securities abuses | $11,713,800,000 | 14 |
| interest rate benchmark manipulation | $850,000,000 | 4 |
| foreign exchange market manipulation | $395,000,000 | 1 |
| banking violation | $324,000,000 | 2 |
| tax violations | $106,384,000 | 2 |
Notes:
Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below 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. The totals 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 list below.
Links:
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.| Company | Primary Offense Type | Year | Agency |
Penalty Amount |
|---|---|---|---|---|
| Royal Bank of Scotland PLC | toxic securities abuses | 2017 | FHFA | $5,500,000,000 |
| Royal Bank of Scotland Group plc | toxic securities abuses | 2018 | DOJ_CIVIL | $4,900,000,000 |
| Royal Bank of Scotland | toxic securities abuses | 2018 | NY-AG | $500,000,000 |
| Royal Bank of Scotland plc | foreign exchange market manipulation | 2015 | DOJ_CRIMINAL | $395,000,000 |
| Royal Bank of Scotland plc | interest rate benchmark manipulation | 2013 | CFTC | $325,000,000 |
| Royal Bank of Scotland plc | interest rate benchmark manipulation | 2014 | CFTC | $290,000,000 |
| ROYAL BANK OF SCOTLAND PLC | banking violation | 2015 | FED | $274,000,000 |
| RBS Securities Inc. | toxic securities abuses | 2013 | SEC | $153,700,000 |
| RBS PLC and RBS Securities Japan | interest rate benchmark manipulation | 2014 | DOJ_ANTITRUST | $150,000,000 |
| Royal Bank of Scotland plc | toxic securities abuses | 2015 | NCUA | $129,600,000 |
| Royal Bank of Scotland | toxic securities abuses | 2017 | CA-AG | $125,000,000 |
| RBS Securities, Inc. | toxic securities abuses | 2016 | CT-AG | $120,000,000 |
| RBS Securities Inc. | toxic securities abuses | 2014 | FHFA | $99,500,000 |
| Royal Bank of Scotland plc | interest rate benchmark manipulation | 2017 | CFTC | $85,000,000 |
| Coutts & Co Ltd | tax violations | 2015 | DOJ_TAX | $78,484,000 |
| RBS Financial Products Inc. | toxic securities abuses | 2011 | MA-AG | $52,000,000 |
| THE ROYAL BANK OF SCOTLAND GROUP PLC | banking violation | 2013 | FED | $50,000,000 |
| Royal Bank of Scotland | economic sanction violation | 2013 | NY-DFS | $50,000,000 |
| RBS Securities Inc. | toxic securities abuses | 2017 | USAO | $44,000,000 |
| RBS Financial Products | toxic securities abuses | 2012 | NV-AG | $42,000,000 |
| Royal Bank of Scotland PLC | economic sanction violation | 2013 | OFAC | $33,000,000 |
| Coutts & Co Ltd. | tax violations | 2019 | DOJ_TAX | $27,900,000 |
| Royal Bank of Scotland | toxic securities abuses | 2018 | IL-AG | $20,000,000 |
| RBS Financial Products, Inc. | toxic securities abuses | 2020 | MD-AG | $18,000,000 |
| RBS Securities Inc. | toxic securities abuses | 2016 | VA-AG | $10,000,000 |
| NatWest Markets Plc | investor protection violation | 2019 | CFTC | $850,000 |
| NatWest Markets Plc | investor protection violation | 2018 | CFTC | $750,000 |
| Royal Bank of Scotland Group plc | investor protection violation | 2014 | SEC | $120,000 |