Violation Tracker Industry Summary Page
Industry:
financial services
Penalty Total since 2000:
$330,904,834,105
Number of Records:
6,093
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 | $82,737,699,939 | 214 |
| JPMorgan Chase | $35,744,240,670 | 158 |
| Citigroup | $25,450,155,764 | 122 |
| Wells Fargo | $21,340,036,745 | 181 |
| Deutsche Bank | $18,156,533,878 | 59 |
| UBS | $16,792,800,910 | 83 |
| Goldman Sachs | $16,365,468,987 | 44 |
| Royal Bank of Scotland | $13,455,904,000 | 27 |
| BNP Paribas | $12,132,582,950 | 17 |
| Credit Suisse | $10,410,557,626 | 32 |
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 |
|---|---|---|---|---|---|
| Wachovia Securities | Wells Fargo | benefit plan administrator violation | 2009 | private lawsuit-federal | $1,005,000 |
| Citigroup, Inc. | Citigroup | benefit plan administrator violation | 2019 | private lawsuit-federal | $6,900,000 |
| Citigroup Inc. | Citigroup | benefit plan administrator violation | 2014 | private lawsuit-federal | $8,500,000 |
| Metropolitan Life | MetLife | benefit plan administrator violation | 2012 | private lawsuit-federal | $350,000 |
| American International Group, Inc. | American International Group | benefit plan administrator violation | 2008 | private lawsuit-federal | $24,200,000 |
| New York Life Insurance | New York Life Insurance | benefit plan administrator violation | 2008 | private lawsuit-federal | $14,000,000 |
| New York Life Insurance Company | New York Life Insurance | benefit plan administrator violation | 2017 | private lawsuit-federal | $3,000,000 |
| Teachers Insurance and Annuity Insurance Association of America | TIAA | benefit plan administrator violation | 2017 | private lawsuit-federal | $5,000,000 |
| Massachusetts Mutual Life Insurance Co. | Massachusetts Mutual Life Insurance | benefit plan administrator violation | 2016 | private lawsuit-federal | $30,900,000 |
| Massachusetts Mutual Life Insurance Co. | Massachusetts Mutual Life Insurance | benefit plan administrator violation | 2015 | private lawsuit-federal | $9,475,000 |
| St Paul Travelers Companies Inc. | Travelers | benefit plan administrator violation | 2007 | private lawsuit-federal | $4,450,000 |
| Hartford Financial Services Group Inc. | Hartford Financial Services | benefit plan administrator violation | 2012 | private lawsuit-federal | $1,935,000 |
| Hartford Life Insurance Company | Hartford Financial Services | benefit plan administrator violation | 2010 | private lawsuit-federal | $13,775,000 |
| Bank of New York Mellon Corporation | Bank of New York Mellon | benefit plan administrator violation | 2015 | private lawsuit-federal | $335,000,000 |
| Bank of New York Mellon Corporation | Bank of New York Mellon | benefit plan administrator violation | 2009 | private lawsuit-federal | $2,200,000 |
| Principal Life Insurance Company | Principal Financial | benefit plan administrator violation | 2015 | private lawsuit-federal | $3,000,000 |
| Ameriprise Financial, Inc. | Ameriprise Financial | benefit plan administrator violation | 2015 | private lawsuit-federal | $27,500,000 |
| State Street Bank And Trust Co. | State Street Corp. | benefit plan administrator violation | 2010 | private lawsuit-federal | $89,750,000 |
| State Street Corporation | State Street Corp. | benefit plan administrator violation | 2016 | private lawsuit-federal | $60,000,000 |
| UNUM Life Insurance Company of America | Unum | benefit plan administrator violation | 2010 | private lawsuit-federal | $5,000,000 |
| Fifth Third Bancorp | Fifth Third Bancorp | benefit plan administrator violation | 2016 | private lawsuit-federal | $6,000,000 |
| Wilmington Trust Corp. | M&T Bank | benefit plan administrator violation | 2014 | private lawsuit-federal | $3,000,000 |
| Northern Trust | Northern Trust | benefit plan administrator violation | 2006 | private lawsuit-federal | $37,500,000 |
| AXA Equitable Life Insurance Company | Equitable Holdings | benefit plan administrator violation | 2011 | private lawsuit-federal | $2,500,000 |
| Allianz Asset Management of America, L.P. | Allianz | benefit plan administrator violation | 2018 | private lawsuit-federal | $12,000,000 |
| HSBC Bank USA | HSBC | benefit plan administrator violation | 2005 | private lawsuit-federal | $9,350,000 |
| Farmers Group, Inc. | Zurich Insurance | benefit plan administrator violation | 2012 | private lawsuit-federal | $6,850,000 |
| UBS Global Asset Management | UBS | benefit plan administrator violation | 2006 | private lawsuit-federal | $5,493,000 |
| Aon Corporation | Aon | benefit plan administrator violation | 2010 | private lawsuit-federal | $1,800,000 |
| Popular, Inc. | Popular Inc. | benefit plan administrator violation | 2012 | private lawsuit-federal | $8,200,000 |
| Comerica Incorporated | Comerica | benefit plan administrator violation | 2013 | private lawsuit-federal | $11,000,000 |
| Comerica Incorporated | Comerica | benefit plan administrator violation | 2007 | private lawsuit-federal | $2,020,000 |
| FMR LLC | Fidelity Investments | benefit plan administrator violation | 2014 | private lawsuit-federal | $12,000,000 |
| Household International | HSBC | benefit plan administrator violation | 2004 | private lawsuit-federal | $46,500,000 |
| Huntington Bancshares Inc. | Huntington Bancshares | benefit plan administrator violation | 2011 | private lawsuit-federal | $1,450,000 |
| ING Groep N.V. | Voya Financial | benefit plan administrator violation | 2013 | private lawsuit-federal | $3,500,000 |
| LaSalle Bank | Bank of America | benefit plan administrator violation | 2011 | private lawsuit-federal | $13,500,000 |
| MBNA Corp. | Lloyds Banking Group | benefit plan administrator violation | 2009 | private lawsuit-federal | $4,500,000 |
| Moneygram International, Inc. | MoneyGram International | benefit plan administrator violation | 2011 | private lawsuit-federal | $4,500,000 |
| National City Corp. | PNC Financial Services | benefit plan administrator violation | 2010 | private lawsuit-federal | $43,000,000 |
| Providian Financial Corp. | JPMorgan Chase | benefit plan administrator violation | 2003 | private lawsuit-federal | $8,600,000 |
| Sterling Financial Corporation | Umpqua Holdings | benefit plan administrator violation | 2013 | private lawsuit-federal | $3,025,000 |
| Transamerica Corporation | Aegon | benefit plan administrator violation | 2016 | private lawsuit-federal | $3,800,000 |
| Ambac Financial Group, Inc. | Ambac Financial | benefit plan administrator violation | 2012 | private lawsuit-federal | $2,550,000 |
| Umpqua Bank | Umpqua Holdings | employment screening violation | 2019 | private lawsuit-federal | $325,000 |
| Nationwide Mutual Insurance Company | Nationwide | Fair Credit Reporting Act violation | 2006 | private lawsuit-federal | $19,250,000 |
| Wells Fargo Bank | Wells Fargo | employment screening violation | 2016 | private lawsuit-federal | $12,000,000 |
| Premera Blue Cross | Premera Blue Cross | wage and hour violation | 2011 | private lawsuit-federal | $1,450,000 |
| QBE Americas, Inc. | QBE Insurance | wage and hour violation | 2018 | private lawsuit-federal | $1,200,000 |
| BB&T Corporation | Truist Financial | benefit plan administrator violation | 2019 | private lawsuit-federal | $24,000,000 |
| Freedom Mortgage Corporation | Freedom Mortgage | wage and hour violation | 2019 | private lawsuit-federal | $4,480,000 |
| Horizon Healthcare Services, Inc. | Horizon Healthcare Services | benefit plan administrator violation | 2016 | private lawsuit-federal | $33,000,000 |
| Old Second Bancorp, Inc. | Old Second Bancorp | benefit plan administrator violation | 2013 | private lawsuit-federal | $7,500,000 |
| Prudential Insurance Company Of America | Prudential Financial | benefit plan administrator violation | 2019 | private lawsuit-federal | $9,000,000 |
| Wilmington Trust N.A. | M&T Bank | benefit plan administrator violation | 2017 | private lawsuit-federal | $29,773,250 |
| Great American Financial Resources, Inc. | American Financial Group | wage and hour violation | 2019 | private lawsuit-federal | $1,250,000 |
| Fidelity Investments | Fidelity Investments | wage and hour violation | 2019 | private lawsuit-federal | $1,200,000 |
| JPMorgan Chase Bank, N.A. | JPMorgan Chase | employment discrimination | 2019 | private lawsuit-federal | $5,000,000 |
| Edward D. Jones & Co., L.P. | Jones Financial | benefit plan administrator violation | 2019 | private lawsuit-federal | $3,175,000 |
| Wells Fargo & Company | Wells Fargo | wage and hour violation | 2020 | private lawsuit-federal | $35,000,000 |
| JPMorgan Chase Bank, National Association | JPMorgan Chase | wage and hour violation | 2019 | private lawsuit-federal | $1,850,000 |
| PNC Financial Services Group, Inc. | PNC Financial Services | wage and hour violation | 2020 | private lawsuit-federal | $2,750,000 |
| Farmers Insurance Exchange | Farmers Insurance Exchange | wage and hour violation | 2020 | private lawsuit-federal | $5,400,000 |
| U.S. Bank National Association | U.S. Bancorp | wage and hour violation | 2020 | private lawsuit-federal | $6,500,000 |
| JPMorgan Chase Bank, N.A. | JPMorgan Chase | wage and hour violation | 2020 | private lawsuit-federal | $3,750,000 |
| Wells Fargo & Co. | Wells Fargo | discriminatory practices (non-employment) | 2019 | private lawsuit-federal | $10,000,000 |
| Travelers Indemnity Company | Travelers | discriminatory practices (non-employment) | 2018 | private lawsuit-federal | $450,000 |
| 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 |
