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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 CompaniesTotal Penalty $Number of Records
Bank of America$82,737,699,939214
JPMorgan Chase$35,744,240,670158
Citigroup$25,450,155,764122
Wells Fargo$21,340,036,745181
Deutsche Bank$18,156,533,87859
UBS$16,792,800,91083
Goldman Sachs$16,365,468,98744
Royal Bank of Scotland$13,455,904,00027
BNP Paribas$12,132,582,95017
Credit Suisse$10,410,557,62632


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 Parentsort icon Primary Offense Type Year Agency Penalty Amount
Merrill Lynch Bank of America investor protection violation 2011 SEC $10,000,000
Merrill Lynch Investment Managers, LLC and Merrill Lynch Alternative Investments, LLC Bank of America data submission deficiencies 2007 CFTC $500,000
U.S. Trust Corporation Bank of America banking violation 2001 FED $5,000,000
Bank of America Bank of America economic sanction violation 2004 OFAC $13,573
Merrill Lynch, Pierce, Fenner & Smith, Inc Bank of America economic sanction violation 2004 OFAC $22,904
Bank of America Bank of America economic sanction violation 2003 OFAC $158,038
Lasalle Bank MidWest National Association Bank of America banking violation 2007 OCC $125,000
Lasalle Bank National Association Bank of America banking violation 2007 OCC $79,524
Lasalle Bank MidWest National Association Bank of America banking violation 2005 OCC $6,250,000
Bank of America Corporation Bank of America investor protection violation 2009 SEC $33,000,000
Merrill Lynch, Pierce, Fenner & Smith Inc. Bank of America investor protection violation 2009 SEC $7,000,000
Merrill Lynch, Pierce, Fenner & Smith, Inc. Bank of America investor protection violation 2009 SEC $1,000,000
Banc of America Investment Services, Inc. Bank of America investor protection violation 2008 SEC $9,763,634
Banc of America Securities LLC Bank of America fraud 2007 SEC $26,000,000
Banc of America Securities LLC Bank of America investor protection violation 2006 SEC $750,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2006 SEC $1,500,000
Banc of America Capital Management LLC, BACAP Distributors LLC and Banc of America Securities LLC Bank of America investor protection violation 2005 SEC $375,000,000
FleetBoston Financial Corporation Bank of America investor protection violation 2004 SEC $140,000,000
Banc of America Securities LLC Bank of America investor protection violation 2004 SEC $10,000,000
Merrill Lynch, Pierce, Fenner & Smith, Incorporated Bank of America investor protection violation 2003 SEC $200,000,000
Merrill Lynch & Co. Inc. Bank of America accounting fraud or deficiencies 2003 SEC $80,000,000
Robertson Stephens Inc. Bank of America investor protection violation 2003 SEC $33,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2000 SEC $5,000,000
Merrill Lynch Bank of America investor protection violation 2016 SEC $12,500,000
Bank of America Bank of America discriminatory practices (non-employment) 2013 HUD $45,000
Bank of America Bank of America discriminatory practices (non-employment) 2013 HUD $22,449
Bank of America Bank of America discriminatory practices (non-employment) 2013 HUD $7,500
Bank of America Bank of America discriminatory practices (non-employment) 2012 HUD $161,180
Bank of America Corp Bank of America employment discrimination 2013 OFCCP $2,181,593
Bank of America Bank of America employment discrimination 2014 EEOC $110,000
Bank of America Bank of America employment discrimination 2016 EEOC $30,000
Merrill Lynch Bank of America employment discrimination 2008 EEOC $1,550,000
Bank of America, NA Bank of America wage and hour violation 2010 WHD $5,827
Bank of America, N.A. Bank of America wage and hour violation 2010 WHD $18,654
Merrill Lynch & Co., Inc. Bank of America wage and hour violation 2008 WHD $516,924
Bank of America Bank of America Family and Medical Leave Act 2008 WHD $6,500
Bank of America Bank of America wage and hour violation 2008 WHD $6,209
Bank of America Corporation Bank of America wage and hour violation 2006 WHD $265,774
Merrill Lynch, Pierce, Fenner & Smith, Inc. Bank of America wage and hour violation 2006 WHD $7,060
Bank of America Bank of America wage and hour violation 2005 WHD $12,824
Bank of America Corporation Bank of America wage and hour violation 2004 WHD $5,972
Countrywide Financial Corporation Bank of America wage and hour violation 2004 WHD $54,453
Bank of America, National Association Bank of America labor relations violation 2013 NLRB $18,634
Bank of America Bank of America employment discrimination 2017 OFCCP $1,000,000
Merrill Lynch Bank of America investor protection violation 2017 CFTC $2,500,000
Bank of America Bank of America investor protection violation 2017 USAO $2,500,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America anti-money-laundering deficiencies 2017 SEC $13,000,000
Merrill Lynch, Pierce, Fenner & Smith Inc Bank of America investor protection violation 2018 SEC $1,404,000
Bank of America Bank of America export control violation 2017 BIS $44,625
Bank of America Corporation Bank of America investor protection violation 2014 SEC $20,000,000
Bank of America Bank of America Family and Medical Leave Act 2017 WHD $14,528
Bank of America Bank of America wage and hour violation 2017 private lawsuit-federal $6,000,000
Bank of America Bank of America wage and hour violation 2017 private lawsuit-federal $7,000,000
Bank of America Bank of America wage and hour violation 2017 private lawsuit-federal $1,900,000
Bank of America Bank of America wage and hour violation 2017 private lawsuit-federal $6,600,000
Merrill Lynch Bank of America wage and hour violation 2016 private lawsuit-state $2,645,000
Bank of America Bank of America wage and hour violation 2016 private lawsuit-state $4,000,000
Bank of America Bank of America wage and hour violation 2016 private lawsuit-federal $3,250,000
Merrill Lynch Bank of America wage and hour violation 2016 private lawsuit-federal $14,000,000
Bank of America Bank of America wage and hour violation 2016 private lawsuit-federal $36,000,000
Bank of America Bank of America wage and hour violation 2016 private lawsuit-federal $2,250,000
Bank of America Bank of America wage and hour violation 2015 private lawsuit-federal $9,000,000
Countrywide Home Loans Inc. Bank of America wage and hour violation 2015 private lawsuit-federal $9,649,000
Merrill Lynch Bank of America wage and hour violation 2014 private lawsuit-federal $6,900,000
Bank of America Bank of America wage and hour violation 2013 private lawsuit-federal $73,000,000
Merrill Lynch Bank of America wage and hour violation 2013 private lawsuit-federal $12,000,000
Merrill Lynch Bank of America wage and hour violation 2013 private lawsuit-federal $21,000,000
Bank of America Bank of America wage and hour violation 2010 private lawsuit-state $16,650,000
Merrill Lynch Bank of America wage and hour violation 2010 private lawsuit-federal $43,500,000
Bank of America Bank of America wage and hour violation 2010 private lawsuit-federal $661,392
Bank of America Bank of America wage and hour violation 2007 private lawsuit-state $2,500,000
Bank of America Bank of America wage and hour violation 2006 private lawsuit-federal $9,000,000
Merrill Lynch Bank of America wage and hour violation 2006 private lawsuit-federal $37,000,000
Countrywide Financial Bank of America wage and hour violation 2005 private lawsuit-state $30,000,000
Bank of America Bank of America wage and hour violation 2003 private lawsuit-state $4,100,000
Bank of America Bank of America wage and hour violation 2001 private lawsuit-state $22,000,000
Banc of America Securities LLC Bank of America price-fixing or anti-competitive practices 2010 SEC $36,096,442
Merrill Lynch, Pierce, Fenner & Smith Bank of America investor protection violation 2018 SEC $8,900,000
Merrill Lynch, Pierce, Fenner & Smith Bank of America investor protection violation 2018 SEC $42,000,000
Merrill Lynch, Pierce, Fenner & Smith Inc. Bank of America investor protection violation 2018 SEC $15,700,000
Merrill Lynch, Pierce and Fenner & Smith Incorporated Bank of America investor protection violation 2018 SEC $8,872,723
Banc of America Investment Services, Inc. Bank of America investor protection violation 2009 SEC $150,000
Merrill Lynch, Pierce, Fenner & Smith Inc. Bank of America benefit plan administrator violation 2011 EBSA $170,854
Bank of America, N.A. Bank of America interest rate benchmark manipulation 2018 CFTC $30,000,000
Merrill Lynch Bank of America employment discrimination 2013 private lawsuit-federal $38,225,000
Merrill Lynch Bank of America employment discrimination 2013 private lawsuit-federal $160,000,000
Banc of America Investment Services Bank of America employment discrimination 2009 private lawsuit-federal $7,200,000
Banc of America Investment Services, Inc., and Bacap Distributors, LLC Bank of America investor protection violation 2005 SEC $1,500,000
FleetBoston Financial Corp Bank of America benefit plan administrator violation 2008 private lawsuit-federal $83,401,000
Bank of America Corp Bank of America benefit plan administrator violation 2011 private lawsuit-federal $21,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America benefit plan administrator violation 2017 private lawsuit-federal $25,000,000
Merrill Lynch Bank of America benefit plan administrator violation 2012 private lawsuit-federal $10,000,000
Merrill Lynch & Co., Inc. Bank of America benefit plan administrator violation 2009 private lawsuit-federal $75,000,000
Countrywide Financial Corporation Bank of America benefit plan administrator violation 2009 private lawsuit-federal $55,000,000
LaSalle Bank Bank of America benefit plan administrator violation 2011 private lawsuit-federal $13,500,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2019 SEC $8,014,000
Banc of America Capital Management LLC et al. Bank of America investor protection violation 2004 NY-AG (*) $375,000,000
Banc of America Securities LLC Bank of America investor protection violation 2008 MULTI-AG $4,550,000,000
Banc of America Securities LLC Bank of America investor protection violation 2010 NJ-AG $1,268,393
Bank of America Bank of America investor protection violation 2012 MULTI-AG $2,430,000,000
Bank of America Bank of America investor protection violation 2013 MULTI-AG $500,000,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)