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 Companies | Total Penalty $ | Number of Records |
|---|---|---|
| Bank of America | $82,896,776,051 | 261 |
| JPMorgan Chase | $35,851,437,155 | 191 |
| Citigroup | $25,535,002,360 | 154 |
| Wells Fargo | $21,678,596,719 | 218 |
| Deutsche Bank | $18,341,457,302 | 76 |
| UBS | $16,853,736,334 | 98 |
| Goldman Sachs | $16,381,931,839 | 64 |
| NatWest Group PLC | $13,477,129,000 | 31 |
| BNP Paribas | $12,147,863,950 | 19 |
| Credit Suisse | $10,448,892,626 | 45 |
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.
| Company | Parent | Primary Offense Type | Year |
Agency |
Penalty Amount |
|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | discriminatory practices (non-employment) | 2012 | private lawsuit-federal | $7,500,000 |
| Wells Fargo Bank, N.A. | Wells Fargo | discriminatory practices (non-employment) | 2012 | private lawsuit-federal | $7,500,000 |
| Wells Fargo Bank N.A. | Wells Fargo | discriminatory practices (non-employment) | 2011 | private lawsuit-state | $3,520,000 |
| J.P. Morgan Chase | JPMorgan Chase | discriminatory practices (non-employment) | 2010 | private lawsuit-federal | $1,950,000 |
| HSBC Finance Corporation et al. | HSBC | discriminatory practices (non-employment) | 2010 | private lawsuit-federal | $6,050,000 |
| John Hancock Life Insurance Company | Manulife Financial | discriminatory practices (non-employment) | 2009 | private lawsuit-federal | $24,400,000 |
| Allstate Corporation | Allstate | discriminatory practices (non-employment) | 2007 | private lawsuit-federal | $11,720,000 |
| Liberty National Life Insurance Company | Globe Life Inc. | discriminatory practices (non-employment) | 2006 | private lawsuit-federal | $9,350,000 |
| Bank of America, NA | Bank of America | discriminatory practices (non-employment) | 2005 | private lawsuit-federal | $3,670,000 |
| Bank One, KY, N.A. | JPMorgan Chase | discriminatory practices (non-employment) | 2005 | private lawsuit-federal | $6,715,000 |
| U.S. Bancorp | U.S. Bancorp | discriminatory practices (non-employment) | 2005 | private lawsuit-federal | $2,495,000 |
| WFS Financial, Inc. | Wells Fargo | discriminatory practices (non-employment) | 2004 | private lawsuit-federal | $4,550,000 |
| General Motors Acceptance Corp. | Ally Financial | discriminatory practices (non-employment) | 2004 | private lawsuit-federal | $9,600,000 |
| Cincinnati Life Insurance Company | Cincinnati Financial | discriminatory practices (non-employment) | 2004 | private lawsuit-state | $1,900,000 |
| Flagstar Bank | Flagstar Bancorp | discriminatory practices (non-employment) | 2004 | private lawsuit-federal | $1,100,000 |
| American General Life Insurance | American International Group | discriminatory practices (non-employment) | 2000 | private lawsuit-federal | $214,000,000 |
| AmeriSave Mortgage Corporation | AmeriSave Mortgage | privacy violation | 2020 | private lawsuit-federal | $6,250,000 |
| Wells Fargo Bank | Wells Fargo | wage and hour violation | 2020 | private lawsuit-federal | $10,928,870 |
| Wells Fargo & Company | Wells Fargo | benefit plan administrator violation | 2020 | private lawsuit-federal | $79,000,000 |
| Wells Fargo Bank, N.A. | Wells Fargo | wage and hour violation | 2020 | private lawsuit-federal | $25,696,122 |
| Premera Blue Cross | Premera Blue Cross | privacy violation | 2020 | private lawsuit-federal | $74,000,000 |
| U.S. Bank | U.S. Bancorp | privacy violation | 2019 | private lawsuit-federal | $2,670,336 |
| Wells Fargo Bank, N.A. | Wells Fargo | privacy violation | 2017 | private lawsuit-federal | $30,446,022 |
| Capital One | Capital One Financial | privacy violation | 2015 | private lawsuit-federal | $73,000,000 |
| Bank of America Corporation | Bank of America | privacy violation | 2014 | private lawsuit-federal | $32,083,905 |
| Countrywide Financial Corp. | Bank of America | privacy violation | 2010 | private lawsuit-federal | $6,500,000 |
| Wells Fargo & Co. | Wells Fargo | employment discrimination | 2021 | private lawsuit-federal | $18,700,000 |
| TIAA Bank, FSB | TIAA | wage and hour violation | 2020 | private lawsuit-federal | $3,500,000 |
| JPMorgan Chase | JPMorgan Chase | benefit plan administrator violation | 2019 | private lawsuit-federal | $75,000,000 |
| Towers Perrin | Willis Towers Watson | benefit plan administrator violation | 2011 | private lawsuit-federal | $9,200,000 |
| Fidelity Management Trust Company | Fidelity Investments | benefit plan administrator violation | 2007 | private lawsuit-federal | $10,850,000 |
| Aon Hewitt Health Market Insurance Solutions, Inc. | Aon | wage and hour violation | 2021 | private lawsuit-federal | $1,250,000 |
| Edward D. Jones & Co. | Jones Financial | employment discrimination | 2021 | private lawsuit-federal | $58,000,000 |
| Bank of America | Bank of America | False Claims Act and related | 2001 | AK-AG | $35,600,000 |
| Mercer | Marsh & McLennan | accounting fraud or deficiencies | 2010 | AK-AG | $500,000,000 |
| Edward D. Jones and Co.,LP | Jones Financial | investor protection violation | 2003 | AK-DBS | $11,000 |
| Wachovia Securities, LLC | Wells Fargo | investor protection violation | 2010 | AK-DBS | $129,131 |
| Citigroup Global Markets, Inc. | Citigroup | investor protection violation | 2010 | AK-DBS | $150,507 |
| UBS Securities LLC | UBS | investor protection violation | 2010 | AK-DBS | $733,465 |
| UBS Financial Services, Inc. | UBS | investor protection violation | 2013 | AK-DBS | $64,661 |
| RBC Capital Markets, LLC | Royal Bank of Canada | investor protection violation | 2013 | AK-DBS | $44,370 |
| J.P. Morgan Securities, LLC | JPMorgan Chase | investor protection violation | 2014 | AK-DBS | $51,120 |
| Citigroup Global Markets, Inc. | Citigroup | investor protection violation | 2015 | AK-DBS | $35,000 |
| Quicken Loans Inc. | Quicken Loans | consumer protection violation | 2018 | AK-DBS | $11,000 |
| LPL Financial LLC | LPL Financial | investor protection violation | 2019 | AK-DBS | $499,000 |
| Securian Financial Services, Inc. | Securian Financial | investor protection violation | 2020 | AK-DBS | $10,000 |
| Solium Financial Services LLC | Morgan Stanley | investor protection violation | 2020 | AK-DBS | $10,527 |
| Principal Life Insurance Co. | Principal Financial | insurance violation | 2002 | AK-INS | $16,095 |
| Aon Risk Services Inc. of Washington | Aon | insurance violation | 2002 | AK-INS | $5,000 |
| Seabury & Smith, Inc. | Marsh & McLennan | insurance violation | 2006 | AK-INS | $6,530 |
| Liberty Mutual Group | Liberty Mutual Insurance | insurance violation | 2007 | AK-INS | $32,500 |
| Principal Life Insurance Co. | Principal Financial | insurance violation | 2008 | AK-INS | $25,000 |
| Seabury & Smith, Inc. | Marsh & McLennan | insurance violation | 2009 | AK-INS | $39,378 |
| Brown & Brown of Washington, Inc. | Brown & Brown | insurance violation | 2012 | AK-INS | $30,000 |
| Marsh USA Inc. | Marsh & McLennan | insurance violation | 2015 | AK-INS | $25,000 |
| Marsh & McLennan Agency LLC | Marsh & McLennan | insurance violation | 2016 | AK-INS | $10,000 |
| Marsh & McLennan Agency LLC | Marsh & McLennan | insurance violation | 2019 | AK-INS | $20,000 |
| Marsh USA Inc. | Marsh & McLennan | insurance violation | 2019 | AK-INS | $30,000 |
| GMAC Mortgage, LLC | Ally Financial | environmental violation | 2010 | AL-ENV | $5,505 |
| Regions Bank | Regions Financial | banking violation | 2014 | AL-SBD | $5,000,000 |
| Prudential Equity Group, Inc. | Prudential Financial | investor protection violation | 2005 | AL-SEC | $45,000 |
| Morgan Keegan & Co. | Raymond James Financial | investor protection violation | 2005 | AL-SEC | $100,000 |
| Morgan Keegan & Co. | Raymond James Financial | investor protection violation | 2010 | AL-SEC | $15,000 |
| Next Financial Group, Inc. | Atria Wealth Solutions | investor protection violation | 2012 | AL-SEC | $60,000 |
| Morgan Keegan & Co. | Raymond James Financial | investor protection violation | 2017 | AL-SEC | $20,000 |
| LPL Financial LLC | LPL Financial | investor protection violation | 2018 | AL-SEC | $80,000 |
| Solium Financial Services LLC | Morgan Stanley | investor protection violation | 2020 | AL-SEC | $18,874 |
| Western Sky Financial, CashCall Inc. and WS Funding | CashCall Inc. | consumer protection violation | 2016 | AR-AG | $750,000 |
| Encompass Indemnity Co. and Encompass Insurance Company of America | Allstate | insurance violation | 2019 | AR-INS | $40,000 |
| Chicago Title Insurance Co. | Fidelity National Financial | insurance violation | 2017 | AR-INS | $50,000 |
| Stewart Title Guaranty Co. | Stewart Information Services | insurance violation | 2013 | AR-INS | $10,000 |
| Farmers Insurance Exchange et al. | Farmers Insurance Exchange | insurance violation | 2013 | AR-INS | $5,000 |
| Allied Home Mortgage Capital Corp. | Americus Mortgage | investor protection violation | 2009 | AR-SEC | $10,000 |
| Merrill Lynch & Pierce, Fenner & Smith Inc. | Bank of America | investor protection violation | 2010 | AR-SEC | $15,000 |
| American Express Prepaid Card Management Corp. | American Express | consumer protection violation | 2010 | AR-SEC | $20,000 |
| Prospect Mortgage, LLC | Homebridge Financial Services | consumer protection violation | 2011 | AR-SEC | $5,000 |
| Morgan Keegan & Co. | Raymond James Financial | investor protection violation | 2012 | AR-SEC | $59,659 |
| Interactive Brokers, LLC | Interactive Brokers Group | investor protection violation | 2013 | AR-SEC | $6,000 |
| CitiMortgage, Inc. | Citigroup | consumer protection violation | 2014 | AR-SEC | $20,000 |
| SunTrust Mortgage, Inc. | Truist Financial | consumer protection violation | 2017 | AR-SEC | $13,000 |
| Edward D. Jones & Co., L.P. | Jones Financial | investor protection violation | 2018 | AR-SEC | $50,000 |
| LPL Financial LLC | LPL Financial | investor protection violation | 2019 | AR-SEC | $40,000 |
| Solium Financial Services LLC | Morgan Stanley | investor protection violation | 2019 | AR-SEC | $5,000 |
| Louis Dreyfus Commodities Grand Junction LLC | Louis Dreyfus | tax violations | 2017 | ATTTB | $14,000 |
| Home Loan Center, Inc. | LendingTree | consumer protection violation | 2010 | AZ-AG | $1,150,000 |
| Moneygram Payment Systems, Inc. | MoneyGram International | consumer protection violation | 2007 | AZ-DFS | $125,000 |
| Nationstar Mortgage LLC | Mr. Cooper Group | consumer protection violation | 2008 | AZ-DFS | $12,500 |
| Western Union Financial Services, Inc. | Western Union | consumer protection violation | 2008 | AZ-DFS | $2,000,000 |
| GMAC Mortgage, LLC dba Ditech | Ally Financial | consumer protection violation | 2011 | AZ-DFS | $7,500 |
| GMAC Mortgage, LLC | Ally Financial | consumer protection violation | 2011 | AZ-DFS | $7,500 |
| Midland Credit Management, Inc. | Encore Capital Group | consumer protection violation | 2012 | AZ-DFS | $750,000 |
| MoneyGram Payment Systems, Inc. | MoneyGram International | consumer protection violation | 2014 | AZ-DFS | $10,000 |
| CashCall, Inc. | CashCall Inc. | payday lending violation | 2017 | AZ-DFS | $250,000 |
| Titan Insurance Co. | Nationwide | insurance violation | 2006 | AZ-INS | $40,000 |
| Coast National Insurance Co. | Zurich Insurance | insurance violation | 2009 | AZ-INS | $38,000 |
| Chicago Title Insurance Co. | Fidelity National Financial | insurance violation | 2010 | AZ-INS | $10,000 |
| Scottsdale Insurance Co. | Nationwide | insurance violation | 2010 | AZ-INS | $37,500 |
| Titan Indemnity Co. | Nationwide | insurance violation | 2010 | AZ-INS | $20,000 |
| Unigard Insurance Co. | QBE Insurance | insurance violation | 2010 | AZ-INS | $16,000 |
| QBE Insurance Corp. | QBE Insurance | insurance violation | 2010 | AZ-INS | $40,000 |
| Permanent General Assurance Corp. | American Family Insurance | insurance violation | 2011 | AZ-INS | $70,000 |
