Violation Tracker Industry Summary Page
Industry:
financial services
Penalty Total since 2000:
$331,558,339,161
Number of Records:
6,166
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 | $82,764,013,078 | 219 |
| JPMorgan Chase | $35,819,302,225 | 162 |
| Citigroup | $25,454,366,764 | 125 |
| Wells Fargo | $21,358,750,745 | 184 |
| Deutsche Bank | $18,286,625,302 | 61 |
| UBS | $16,792,860,910 | 83 |
| Goldman Sachs | $16,365,468,987 | 44 |
| Royal Bank of Scotland | $13,473,904,000 | 28 |
| 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 |
|---|---|---|---|---|---|
| Wegelin & Co | Wegelin & Co | tax violations | 2013 | DOJ_TAX | $74,000,000 |
| Mortgage Access Corp. dba Weichert Financial Services | Weichert Financial Services | consumer protection violation | 2009 | KY-FIN | $5,000 |
| Mortgage Access Corp. dba Weichert Financial Services | Weichert Financial Services | consumer protection violation | 2011 | MULTI-FIN | $3,000,000 |
| Wachovia Bank N.A. | Wells Fargo | price-fixing or anti-competitive practices | 2011 | DOJ_ANTITRUST | $148,000,000 |
| Wells Fargo | Wells Fargo | consumer protection violation | 2015 | CFPB | $34,800,000 |
| Wells Fargo Bank, National Association | Wells Fargo | banking violation | 2015 | OCC | $4,000,000 |
| Wells Fargo | Wells Fargo | banking violation | 2013 | OCC | $1,991,141,181 |
| Wells Fargo Bank, National Association | Wells Fargo | banking violation | 2011 | OCC | $34,500,000 |
| Wachovia Bank N.A. | Wells Fargo | banking violation | 2010 | OCC | $50,000,000 |
| Wells Fargo & Company | Wells Fargo | banking violation | 2012 | FED | $87,000,000 |
| Wells Fargo & Company | Wells Fargo | banking violation | 2011 | FED | $85,000,000 |
| Wachovia Bank | Wells Fargo | anti-money-laundering deficiencies | 2010 | FINCEN | $110,000,000 |
| Wells Fargo Bank, National Association | Wells Fargo | False Claims Act and related | 2016 | DOJ_CIVIL | $1,200,000,000 |
| Wells Fargo & Company | Wells Fargo | mortgage abuses | 2012 | DOJ | $5,342,200,000 |
| Wells Fargo Advisors LLC | Wells Fargo | investor protection violation | 2014 | SEC | $5,000,000 |
| Wells Fargo | Wells Fargo | toxic securities abuses | 2012 | SEC | $6,500,000 |
| Wells Fargo Securities LLC | Wells Fargo | toxic securities abuses | 2011 | SEC | $11,000,000 |
| Wells Fargo | Wells Fargo | toxic securities abuses | 2013 | FHFA | $591,000,000 |
| Wells Fargo Bank, National Association | Wells Fargo | toxic securities abuses | 2013 | FHFA | $869,000,000 |
| Wachovia | Wells Fargo | toxic securities abuses | 2015 | NCUA | $53,000,000 |
| Wells Fargo Bank | Wells Fargo | mortgage abuses | 2012 | DOJ_RIGHTS | $234,300,000 |
| Wells Fargo & Company | Wells Fargo | Americans with Disabilities Act | 2011 | DOJ_RIGHTS | $16,055,000 |
| Wells Fargo Bank, N.A. | Wells Fargo | banking violation | 2016 | OCC | $70,000,000 |
| Wells Fargo Bank | Wells Fargo | consumer protection violation | 2016 | CFPB | $4,010,000 |
| Wells Fargo Bank | Wells Fargo | banking violation | 2016 | CFPB | $100,000,000 |
| Wells Fargo Bank | Wells Fargo | banking violation | 2016 | OCC | $35,000,000 |
| A.G. Edwards & Sons, Inc. | Wells Fargo | data submission deficiencies | 2003 | CFTC | $45,000 |
| Prudential Securities, Inc. | Wells Fargo | data submission deficiencies | 2002 | CFTC | $65,000 |
| WELLS FARGO FINANCIAL BANK | Wells Fargo | banking violation | 2009 | FDIC | $125,000 |
| A.G. Edwards and Sons Inc. | Wells Fargo | economic sanction violation | 2008 | OFAC | $122,358 |
| Wachovia Bank | Wells Fargo | economic sanction violation | 2007 | OFAC | $11,000 |
| Wachovia Bank | Wells Fargo | economic sanction violation | 2005 | OFAC | $5,500 |
| Wells Fargo Bank | Wells Fargo | economic sanction violation | 2005 | OFAC | $42,833 |
| First Union Bank | Wells Fargo | economic sanction violation | 2004 | OFAC | $18,740 |
| Wachovia Bank | Wells Fargo | economic sanction violation | 2004 | OFAC | $11,000 |
| Wells Fargo Bank | Wells Fargo | economic sanction violation | 2003 | OFAC | $5,500 |
| Wells Fargo Bank, National Association | Wells Fargo | banking violation | 2009 | OCC | $51,205 |
| Wachovia Bank, National Association | Wells Fargo | banking violation | 2008 | OCC | $168,900,000 |
| Wells Fargo Bank, National Association | Wells Fargo | banking violation | 2005 | OCC | $115,000 |
| Evergreen Investment Management Company LLC | Wells Fargo | investor protection violation | 2009 | SEC | $40,000,000 |
| Evergreen Investment Management Company | Wells Fargo | investor protection violation | 2007 | SEC | $32,500,000 |
| A.G. Edwards & Sons, Inc. | Wells Fargo | investor protection violation | 2007 | SEC | $3,860,000 |
| A.G. Edwards & Sons, Inc. | Wells Fargo | investor protection violation | 2006 | SEC | $125,000 |
| Wachovia Capital Markets, LLC | Wells Fargo | investor protection violation | 2006 | SEC | $125,000 |
| Wachovia Corporation | Wells Fargo | investor protection violation | 2004 | SEC | $37,000,000 |
| Strong Capital Management, Inc. | Wells Fargo | investor protection violation | 2004 | SEC | $80,000,000 |
| Wachovia Securities, LLC | Wells Fargo | investor protection violation | 2004 | SEC | $4,844,465 |
| Prudential Securities, Inc. | Wells Fargo | investor protection violation | 2003 | SEC | $382,000 |
| Prudential Securities Incorporated | Wells Fargo | investor protection violation | 2000 | SEC | $5,880,000 |
| Wells Fargo Bank, N.A. | Wells Fargo | data submission deficiencies | 2016 | CFTC | $400,000 |
| Wells Fargo Bank N.A. | Wells Fargo | Servicemembers Civil Relief Act | 2016 | DOJ_RIGHTS | $4,100,000 |
| Wells Fargo Home Mortgage | Wells Fargo | discriminatory practices (non-employment) | 2014 | HUD | $5,000,000 |
| Wells Fargo Bank, N.A. | Wells Fargo | employment discrimination | 2014 | EEOC | $290,000 |
| Wells Fargo & Company | Wells Fargo | employment discrimination | 2014 | EEOC | $295,000 |
| Wells Fargo | Wells Fargo | employment discrimination | 2015 | OFCCP | $14,000 |
| Wells Fargo Bank, N. A. | Wells Fargo | Family and Medical Leave Act | 2016 | WHD | $11,874 |
| Wells Fargo Bank NA | Wells Fargo | wage and hour violation | 2011 | WHD | $31,770 |
| Wells Fargo Bank | Wells Fargo | Family and Medical Leave Act | 2006 | WHD | $5,152 |
| Wells Fargo Bank, National Association | Wells Fargo | wage and hour violation | 2004 | WHD | $228,209 |
| Wachovia Bank | Wells Fargo | wage and hour violation | 2004 | WHD | $5,798,744 |
| First Union Bank | Wells Fargo | labor relations violation | 2000 | NLRB | $9,116 |
| Wells Fargo Bank N.A., d/b/a Wells Fargo Dealer Services | Wells Fargo | Servicemembers Civil Relief Act | 2017 | DOJ_RIGHTS | $5,400,000 |
| Wachovia Bank N.A. | Wells Fargo | anti-money-laundering deficiencies | 2010 | USAO | $50,000,000 |
| Wells Fargo Advisors, LLC | Wells Fargo | anti-money-laundering deficiencies | 2017 | SEC | $3,500,000 |
| Wells Fargo Bank N.A. Municipal Products Group | Wells Fargo | investor protection violation | 2016 | SEC | $440,000 |
| Wells Fargo Bank, National Association | Wells Fargo | Servicemembers Civil Relief Act | 2016 | OCC | $20,000,000 |
| Wells Fargo Bank N.A. | Wells Fargo | banking violation | 2018 | OCC | $500,000,000 |
| Wells Fargo Bank N.A. | Wells Fargo | consumer protection violation | 2018 | CFPB | $500,000,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2018 | private lawsuit-state | $27,500,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2017 | private lawsuit-state | $13,000,000 |
| Wells Fargo Advisors | Wells Fargo | wage and hour violation | 2017 | private lawsuit-federal | $3,500,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2017 | private lawsuit-federal | $685,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2017 | private lawsuit-federal | $3,900,000 |
| Wells Fargo Insurance Services | Wells Fargo | wage and hour violation | 2015 | private lawsuit-federal | $2,000,000 |
| Wells Fargo Bank | Wells Fargo | wage and hour violation | 2015 | private lawsuit-federal | $1,850,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2014 | private lawsuit-federal | $15,000,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2014 | private lawsuit-state | $3,000,000 |
| Wells Fargo Advisors | Wells Fargo | wage and hour violation | 2013 | private lawsuit-federal | $4,000,000 |
| Wells Fargo Bank | Wells Fargo | wage and hour violation | 2012 | private lawsuit-federal | $280,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,660,000 |
| Wells Fargo Bank | Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $100,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,720,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,900,000 |
| Wachovia Financial Services | Wells Fargo | wage and hour violation | 2010 | private lawsuit-federal | $450,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2010 | private lawsuit-federal | $20,000,000 |
| Wachovia Securities | Wells Fargo | wage and hour violation | 2009 | private lawsuit-federal | $39,000,000 |
| A.G. Edwards | Wells Fargo | wage and hour violation | 2009 | private lawsuit-federal | $12,000,000 |
| A.G. Edwards | Wells Fargo | wage and hour violation | 2007 | private lawsuit-federal | $20,000,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2007 | private lawsuit-federal | $12,800,000 |
| Wells Fargo Bank, N.A. | Wells Fargo | toxic securities abuses | 2018 | DOJ_CIVIL | $2,090,000,000 |
| Wells Fargo Advisors LLC | Wells Fargo | investor protection violation | 2018 | SEC | $5,108,441 |
| Wachovia National Bank, N.A. | Wells Fargo | benefit plan administrator violation | 2000 | EBSA | $30,000,000 |
| Strong Capital Management, Inc. | Wells Fargo | investor protection violation | 2006 | SEC | $2,185,927 |
| Wells Fargo Advisors | Wells Fargo | employment discrimination | 2011 | private lawsuit-federal | $32,000,000 |
| Wells Fargo Advisors | Wells Fargo | employment discrimination | 2017 | private lawsuit-federal | $35,500,000 |
| Norwest Investment Services, Inc. | Wells Fargo | investor protection violation | 2002 | SEC | $153,245 |
| Prudential Securities Incorporated | Wells Fargo | investor protection violation | 2001 | SEC | $800,000 |
| First Union Securities, Inc. | Wells Fargo | investor protection violation | 2000 | SEC | $408,931 |
| Wells Fargo Advisors, LLC | Wells Fargo | wage and hour violation | 2018 | private lawsuit-federal | $9,500,000 |
| Wells Fargo Bank N.A. | Wells Fargo | benefit plan administrator violation | 2014 | private lawsuit-federal | $62,500,000 |
| Wells Fargo & Company | Wells Fargo | benefit plan administrator violation | 2011 | private lawsuit-federal | $17,500,000 |
