Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$332,924,888,663
Number of Records: 
6,731
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$82,885,116,051259
JPMorgan Chase$35,851,377,155190
Citigroup$25,535,002,360154
Wells Fargo$21,428,596,719217
Deutsche Bank$18,341,457,30276
UBS$16,845,624,16097
Goldman Sachs$16,381,931,83964
NatWest Group PLC$13,477,129,00031
BNP Paribas$12,147,863,95019
Credit Suisse$10,447,392,62644


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
BMO Harris Bank, N.A. Bank of Montreal fraud 2018 USAO $10,000,000
HSBC HSBC toxic securities abuses 2018 USAO $765,000,000
Philadelphia Indemnity Insurance Company Tokio Marine False Claims Act and related 2018 USAO $30,508
LendingClub Corporation LendingClub Corp. banking violation 2018 USAO $2,000,000
Unum Group Unum kickbacks and bribery 2008 USAO $5,550,000
Mellon Bank N.A. Bank of New York Mellon False Claims Act and related 2006 USAO $18,130,405
Wells Fargo Bank Wells Fargo False Claims Act and related 2008 USAO $4,046,786
Watson Wyatt & Company Willis Towers Watson False Claims Act and related 2005 USAO $689,828
Travelers Insurance Company Travelers False Claims Act and related 2004 USAO $10,900,000
HSBC Private Bank (Suisse) SA HSBC tax violations 2019 USAO $192,350,000
Industrial Bank of Korea Industrial Bank of Korea anti-money-laundering deficiencies 2020 USAO $51,000,000
State Street Corporation State Street Corp. fraud 2021 USAO $115,000,000
American Express Financial Advisors Inc. Ameriprise Financial investor protection violation 2000 TX-SEC $9,000
Ameritas Investment Corporation Ameritas Mutual Holding Company investor protection violation 2003 TX-SEC $25,000
Pruco Securities LLC Prudential Financial investor protection violation 2004 TX-SEC $10,000
Lehman Brothers Inc. Lehman Brothers investor protection violation 2006 TX-SEC $15,000
A.G. Edwards & Sons Inc. Wells Fargo investor protection violation 2008 TX-SEC $5,000
Morgan Stanley & Co. Inc. Morgan Stanley investor protection violation 2008 TX-SEC $400,000
LPL Financial Corporation LPL Financial investor protection violation 2008 TX-SEC $5,000
Securian Financial Services Inc. Securian Financial investor protection violation 2009 TX-SEC $50,000
UBS Securities LLC UBS investor protection violation 2010 TX-SEC $6,640,432
Citigroup Global Markets Inc. Citigroup investor protection violation 2010 TX-SEC $130,000
Lincoln Financial Securities Corporation Lincoln National investor protection violation 2010 TX-SEC $40,000
BNY Mellon Capital Markets LLC Bank of New York Mellon investor protection violation 2011 TX-SEC $500,000
TD Ameritrade Inc. Charles Schwab Corp. investor protection violation 2015 TX-SEC $400,000
LPL Financial LLC LPL Financial investor protection violation 2016 TX-SEC $95,000
Scottrade Inc. Charles Schwab Corp. investor protection violation 2016 TX-SEC $100,000
Charles Schwab & Co. Inc. Charles Schwab Corp. investor protection violation 2016 TX-SEC $125,000
Next Financial Group, Inc. Atria Wealth Solutions investor protection violation 2020 TX-SEC $600,000
LendingClub Corporation LendingClub Corp. investor protection violation 2020 TX-SEC $400,000
Solium Financial Services LLC Morgan Stanley investor protection violation 2020 TX-SEC $46,073
Mid-Century Insurance Co. of Texas Zurich Insurance insurance violation 2000 TX-INS $11,000,000
Farmers Insurance Group Zurich Insurance insurance violation 2002 TX-INS $15,000,000
Allstate Texas Lloyd's Allstate insurance violation 2008 TX-INS $71,300,000
Hartford Casualty Insurance Company et al. Hartford Financial Services insurance violation 2008 TX-INS $21,000
Sentry Insurance Sentry Insurance insurance violation 2008 TX-INS $5,000
Hartford Fire Insurance Company Hartford Financial Services insurance violation 2008 TX-INS $6,000
Ace American Insurance Company Chubb Limited insurance violation 2008 TX-INS $17,500
Ace American Insurance Company Chubb Limited insurance violation 2008 TX-INS $14,875
Indemnity Insurance Company of North America Chubb Limited insurance violation 2008 TX-INS $18,000
Old Republic Insurance Company Old Republic International insurance violation 2008 TX-INS $18,000
Virginia Surety Company, Inc. Assurant insurance violation 2008 TX-INS $7,000
Ace American Insurance Company et al. Chubb Limited insurance violation 2008 TX-INS $50,000
Ace American Insurance Company Chubb Limited insurance violation 2008 TX-INS $37,500
Indemnity Insurance Company of North America Chubb Limited insurance violation 2008 TX-INS $7,500
Zurich American Insurance Company Zurich Insurance insurance violation 2009 TX-INS $15,000
American Home Assurance Company American International Group insurance violation 2009 TX-INS $22,500
Fidelity and Guaranty Insurance Company Fidelity National Financial insurance violation 2009 TX-INS $9,000
The Insurance Company of the State of Pennsylvania American International Group insurance violation 2009 TX-INS $7,500
New Hampshire Insurance Company American International Group insurance violation 2009 TX-INS $7,500
Stewart Title Guaranty Company Stewart Information Services insurance violation 2009 TX-INS $55,000
Old Republic Insurance Company Old Republic International insurance violation 2009 TX-INS $7,500
United States Fire Insurance Company of Plano Fairfax Financial Holdings insurance violation 2009 TX-INS $10,500
American Home Assurance Company et al. American International Group insurance violation 2010 TX-INS $650,000
Hartford Accident and Indemnity Company Hartford Financial Services insurance violation 2010 TX-INS $18,000
Hartford Casualty Insurance Company Hartford Financial Services insurance violation 2010 TX-INS $18,000
Hartford Fire Insurance Company Hartford Financial Services insurance violation 2010 TX-INS $18,000
Hartford Insurance Company of the Midwest Hartford Financial Services insurance violation 2010 TX-INS $18,000
Hartford Lloyd's Corporation Hartford Financial Services insurance violation 2010 TX-INS $18,000
Hartford Underwriters Insurance Company Hartford Financial Services insurance violation 2010 TX-INS $18,000
Property and Casualty Insurance Company of Hartford Hartford Financial Services insurance violation 2010 TX-INS $18,000
Sentinel Insurance Company Ltd. Hartford Financial Services insurance violation 2010 TX-INS $10,000
Trumbull Insurance Company Hartford Financial Services insurance violation 2010 TX-INS $10,000
Wausau Business Insurance Company Liberty Mutual Insurance insurance violation 2010 TX-INS $5,000
Safeco Lloyds Insurance Co. Liberty Mutual Insurance insurance violation 2010 TX-INS $5,000
Insurance Company of the State of Pennsylvania American International Group insurance violation 2010 TX-INS $175,000
New Hampshire Insurance Company American International Group insurance violation 2010 TX-INS $175,000
Standard Fire Insurance Company Travelers insurance violation 2010 TX-INS $8,000
Ace American Insurance Company Chubb Limited insurance violation 2010 TX-INS $74,000
Ace American Insurance Company Chubb Limited insurance violation 2010 TX-INS $147,000
Allstate Insurance Company Allstate insurance violation 2010 TX-INS $879,510
Liberty Mutual Fire Insurance Company Liberty Mutual Insurance insurance violation 2010 TX-INS $50,000
Liberty Mutual Insurance Company Liberty Mutual Insurance insurance violation 2010 TX-INS $17,000
Liberty Insurance Corporation Liberty Mutual Insurance insurance violation 2010 TX-INS $153,000
LM Insurance Corporation Liberty Mutual Insurance insurance violation 2010 TX-INS $30,000
Arch Insurance Company Arch Capital insurance violation 2010 TX-INS $14,000
State Farm General Insurance Company State Farm Insurance insurance violation 2010 TX-INS $40,000
Fidelity & Guaranty Insurance Company Fidelity National Financial insurance violation 2010 TX-INS $50,000
American Zurich Insurance Company Zurich Insurance insurance violation 2010 TX-INS $32,000
National General Insurance Company Allstate insurance violation 2010 TX-INS $25,000
Commerce and Industry Insurance Company American International Group insurance violation 2010 TX-INS $60,000
Sentry Insurance, A Mutual Company Sentry Insurance insurance violation 2010 TX-INS $7,200
Zurich American Insurance Company Zurich Insurance insurance violation 2010 TX-INS $45,000
American Guarantee & Liability Insurance Company Zurich Insurance insurance violation 2010 TX-INS $30,000
Hartford Underwriters Insurance Company Hartford Financial Services insurance violation 2010 TX-INS $78,000
New Hampshire Insurance Company American International Group insurance violation 2010 TX-INS $40,000
Old Republic Insurance Company Old Republic International insurance violation 2010 TX-INS $41,000
Old Republic Insurance Company Old Republic International insurance violation 2010 TX-INS $12,500
Travelers Indemnity Company Travelers insurance violation 2010 TX-INS $55,000
Travelers Indemnity Company Travelers insurance violation 2010 TX-INS $60,000
Travelers Property Casualty Company of America Travelers insurance violation 2010 TX-INS $20,000
Stewart Title Guaranty Company Stewart Information Services insurance violation 2010 TX-INS $525,418
XL Specialty Insurance Company AXA insurance violation 2011 TX-INS $25,000
SCOR Global Life U.S. Re Insurance Company SCOR insurance violation 2011 TX-INS $99,000
SCOR Global Life U.S. Re Insurance Company of Texas SCOR insurance violation 2011 TX-INS $90,000
Ace American Insurance Company Chubb Limited insurance violation 2011 TX-INS $48,000
Indemnity Insurance Company of North America Chubb Limited insurance violation 2011 TX-INS $68,000
Virginia Surety Company Inc. Assurant insurance violation 2011 TX-INS $200,000
LM Insurance Corporation Liberty Mutual Insurance insurance violation 2011 TX-INS $18,000
Marsh USA Inc. Marsh & McLennan insurance violation 2011 TX-INS $121,189
American Zurich Insurance Company Zurich Insurance insurance violation 2011 TX-INS $9,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)