Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$333,568,388,571
Number of Records: 
6,826
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 Parent CompaniesTotal Penalty $Number of Records
Bank of America$82,896,776,051261
JPMorgan Chase$35,851,437,155191
Citigroup$25,535,002,360154
Wells Fargo$21,678,596,719218
Deutsche Bank$18,341,457,30276
UBS$16,853,736,33498
Goldman Sachs$16,381,931,83964
NatWest Group PLC$13,477,129,00031
BNP Paribas$12,147,863,95019
Credit Suisse$10,448,892,62645


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 (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Parent Primary Offense Type Year Agencysort icon Penalty Amount
Lincoln National Life Insurance Co. Lincoln National insurance violation 2017 DE-INS $79,000
Liberty Mutual Fire Insurance Co. et al. Liberty Mutual Insurance insurance violation 2018 DE-INS $76,000
Penn Mutual Life Insurance Co. Penn Mutual insurance violation 2018 DE-INS $17,000
New York Life Insurance and Annuity Corp. New York Life Insurance insurance violation 2018 DE-INS $5,000
State Farm Fire & Casualty Co. and State Farm Mutual Automobile Insurance Co. State Farm Insurance insurance violation 2018 DE-INS $24,000
Principal Life Insurance Co. Principal Financial insurance violation 2018 DE-INS $200,000
United of Omaha Life Insurance Co. Mutual of Omaha insurance violation 2018 DE-INS $17,000
AXA Equitable Life Insurance Co. Equitable Holdings insurance violation 2018 DE-INS $5,000
RiverSource Life Insurance Co. Ameriprise Financial insurance violation 2018 DE-INS $75,000
Nationwide Life Insurance Co. and Nationwide Life and Annuity Insurance Co. Nationwide insurance violation 2018 DE-INS $45,500
Allstate Insurance Co. et al. Allstate insurance violation 2019 DE-INS $12,500
United Service Automobile Association et al. USAA insurance violation 2019 DE-INS $32,500
Allianz Life Insurance Company of North America Allianz insurance violation 2019 DE-INS $13,500
Chicago Title Insurance Co. Fidelity National Financial insurance violation 2019 DE-INS $8,000
American General Life Insurance Co. American International Group insurance violation 2019 DE-INS $85,000
State Farm Life Insurance Co. State Farm Insurance insurance violation 2019 DE-INS $18,000
Hartford Underwriters Insurance Co. et al. Hartford Financial Services insurance violation 2019 DE-INS $23,000
Bankers Life and Casualty Co. CNO Financial insurance violation 2019 DE-INS $41,200
Bankers Standard Insurance Co. et al. Chubb Limited insurance violation 2019 DE-INS $16,000
Nationwide General Insurance Co. et al. Nationwide insurance violation 2019 DE-INS $56,600
First American Title Insurance Co. First American Financial insurance violation 2019 DE-INS $36,000
Praetorian Insurance Co. and QBE Insurance Corp. and QBE Speciality Insurance Co. QBE Insurance insurance violation 2019 DE-INS $70,100
Foremost Property and Casualty Insurance Co. et al. Zurich Insurance insurance violation 2019 DE-INS $11,000
Hartford Underwriters Insurance Co. et al. Hartford Financial Services insurance violation 2020 DE-INS $34,000
The Travelers Indemnity Company of America et al. Travelers insurance violation 2020 DE-INS $6,000
Highmark BCBSD Inc Highmark Inc. insurance violation 2020 DE-INS $299,000
Liberty Mutual Fire Insurance Company Liberty Mutual Insurance insurance violation 2020 DE-INS $20,000
John Hancock Life Insurance Co. Manulife Financial insurance violation 2021 DE-INS $5,000
Lincoln National Life Insurance Co. Lincoln National insurance violation 2021 DE-INS $91,000
Principal Life Insurance Co. Principal Financial insurance violation 2021 DE-INS $23,000
Janney Montgomery Scott, Inc. Penn Mutual investor protection violation 2001 DE-SEC $210,909
Wilmington Trust Co. M&T Bank investor protection violation 2005 DE-SEC $50,000
PNC Investments LLC PNC Financial Services investor protection violation 2010 DE-SEC $250,000
AllianceBernstein L.P. Equitable Holdings investor protection violation 2012 DE-SEC $20,000
Oppenheimer & Co., Inc. Oppenheimer Holdings investor protection violation 2015 DE-SEC $685,000
Janney Montgomery Scott LLC Penn Mutual investor protection violation 2015 DE-SEC $105,000
LPL Financial LLC LPL Financial investor protection violation 2015 DE-SEC $200,000
Goldman Sachs Goldman Sachs toxic securities abuses 2016 DOJ $5,060,000,000
Morgan Stanley Morgan Stanley toxic securities abuses 2016 DOJ $2,600,000,000
HSBC Bank USA NA HSBC mortgage abuses 2016 DOJ $470,000,000
Citigroup Inc. Citigroup toxic securities abuses 2014 DOJ $7,000,000,000
Bank of America Corporation Bank of America mortgage abuses 2014 DOJ $16,650,000,000
JPMorgan Chase JPMorgan Chase toxic securities abuses 2013 DOJ $13,000,000,000
Bank of America Corporation Bank of America mortgage abuses 2012 DOJ $10,956,600,000
JPMorgan Chase & Co. JPMorgan Chase mortgage abuses 2012 DOJ $5,333,600,000
Wells Fargo & Company Wells Fargo mortgage abuses 2012 DOJ $5,342,200,000
Citigroup Inc. Citigroup mortgage abuses 2012 DOJ $2,202,000,000
Ally Financial Inc. (formerly GMAC) Ally Financial mortgage abuses 2012 DOJ $309,600,000
RBS PLC and RBS Securities Japan NatWest Group PLC interest rate benchmark manipulation 2014 DOJ_ANTITRUST $150,000,000
UBS Securities Japan Co. Ltd. UBS interest rate benchmark manipulation 2012 DOJ_ANTITRUST $500,000,000
Wachovia Bank N.A. Wells Fargo price-fixing or anti-competitive practices 2011 DOJ_ANTITRUST $148,000,000
Morgan Stanley Morgan Stanley price-fixing or anti-competitive practices 2011 DOJ_ANTITRUST $4,800,000
JPMorgan Chase & Co. JPMorgan Chase price-fixing or anti-competitive practices 2011 DOJ_ANTITRUST $228,000,000
UBS AG UBS price-fixing or anti-competitive practices 2011 DOJ_ANTITRUST $160,000,000
Bank of America Bank of America price-fixing or anti-competitive practices 2010 DOJ_ANTITRUST $137,300,000
Manulife Financial Corporation Manulife Financial investor protection violation 2004 DOJ_ANTITRUST $1,000,000
DB Group Services (UK) Limited Deutsche Bank interest rate benchmark manipulation 2017 DOJ_ANTITRUST $150,000,000
BNP Paribas USA Inc. BNP Paribas foreign exchange market manipulation 2018 DOJ_ANTITRUST $90,000,000
Banca IMI Securities Corp. Intesa Sanpaolo price-fixing or anti-competitive practices 2019 DOJ_ANTITRUST $2,000,000
Industrial and Commercial Bank of China Financial Services LLC Industrial and Commercial Bank of China price-fixing or anti-competitive practices 2019 DOJ_ANTITRUST $3,000,000
M&T Bank Corp. M&T Bank False Claims Act and related 2016 DOJ_CIVIL $64,000,000
Freedom Mortgage Corporation Freedom Mortgage False Claims Act and related 2016 DOJ_CIVIL $113,000,000
Wells Fargo Bank, National Association Wells Fargo False Claims Act and related 2016 DOJ_CIVIL $1,200,000,000
First Tennessee Bank N.A. First Horizon National False Claims Act and related 2015 DOJ_CIVIL $212,500,000
MetLife Home Loans LLC MetLife False Claims Act and related 2015 DOJ_CIVIL $123,500,000
U.S. Bank U.S. Bancorp False Claims Act and related 2014 DOJ_CIVIL $200,000,000
JPMorgan Chase JPMorgan Chase False Claims Act and related 2014 DOJ_CIVIL $614,000,000
PNC Bank N.A PNC Financial Services False Claims Act and related 2013 DOJ_CIVIL $7,100,000
Capmark Finance LLC Capmark Bank False Claims Act and related 2012 DOJ_CIVIL $3,900,000
BAC Home Loans Servicing LP fka Countrywide Home Loans Servicing LP Bank of America mortgage abuses 2011 DOJ_CIVIL $20,000,000
Saxon Mortgage Services Inc. Morgan Stanley mortgage abuses 2011 DOJ_CIVIL $2,350,000
SunTrust Mortgage Inc. Truist Financial mortgage abuses 2014 DOJ_CIVIL $320,000,000
Franklin American Mortgage Company Citizens Financial Group mortgage abuses 2015 DOJ_CIVIL $70,000,000
Walter Investment Management Corp. Ditech Holding Corporation False Claims Act and related 2015 DOJ_CIVIL $29,630,000
Fireman's Fund Insurance Company Allianz False Claims Act and related 2015 DOJ_CIVIL $44,000,000
BNP Paribas BNP Paribas False Claims Act and related 2014 DOJ_CIVIL $80,000,000
SunTrust Mortgage Inc. Truist Financial False Claims Act and related 2014 DOJ_CIVIL $418,000,000
Louis Dreyfus Energy Services Louis Dreyfus False Claims Act and related 2012 DOJ_CIVIL $4,084,000
Nelnet Inc. Nelnet False Claims Act and related 2010 DOJ_CIVIL $47,000,000
National City Mortgage Inc. PNC Financial Services False Claims Act and related 2008 DOJ_CIVIL $4,600,000
Mellon Bank, N.A. Bank of New York Mellon False Claims Act and related 2007 DOJ_CIVIL $16,500,000
Crawford and Company Crawford & Co. False Claims Act and related 2006 DOJ_CIVIL $1,363,204
Highmark, Inc. Highmark Inc. False Claims Act and related 2004 DOJ_CIVIL $1,500,000
General American Life Insurance Company, Inc. MetLife False Claims Act and related 2002 DOJ_CIVIL $76,000,000
Regions Bank Regions Financial False Claims Act and related 2016 DOJ_CIVIL $52,400,000
Branch Banking & Trust Company (BB&T) Truist Financial False Claims Act and related 2016 DOJ_CIVIL $83,000,000
Deutsche Bank Deutsche Bank toxic securities abuses 2017 DOJ_CIVIL $7,200,000,000
Credit Suisse Credit Suisse toxic securities abuses 2017 DOJ_CIVIL $5,280,000,000
Financial Freedom CIT False Claims Act and related 2017 DOJ_CIVIL $89,000,000
PHH Corp. Ocwen Financial False Claims Act and related 2017 DOJ_CIVIL $74,453,802
IBERIABANK First Horizon National False Claims Act and related 2017 DOJ_CIVIL $11,692,149
Royal Bank of Scotland Group plc NatWest Group PLC toxic securities abuses 2018 DOJ_CIVIL $4,900,000,000
Wells Fargo Bank, N.A. Wells Fargo toxic securities abuses 2018 DOJ_CIVIL $2,090,000,000
Wells Fargo & Company Wells Fargo fraud 2020 DOJ_CIVIL $3,000,000,000
Guaranteed Rate Inc. Guaranteed Rate Inc. False Claims Act and related 2020 DOJ_CIVIL $15,060,000
CommerceWest Bank CommerceWest Bank fraud 2015 DOJ_CRIMINAL $4,900,000
Citicorp Citigroup foreign exchange market manipulation 2015 DOJ_CRIMINAL $925,000,000
JPMorgan Chase & Co. JPMorgan Chase foreign exchange market manipulation 2015 DOJ_CRIMINAL $550,000,000
Barclays PLC Barclays foreign exchange market manipulation 2015 DOJ_CRIMINAL $710,000,000
Royal Bank of Scotland plc NatWest Group PLC foreign exchange market manipulation 2015 DOJ_CRIMINAL $395,000,000
UBS AG UBS interest rate benchmark manipulation 2015 DOJ_CRIMINAL $203,000,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)