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 CompaniesTotal Penalty $Number of Records
Bank of America$82,764,013,078219
JPMorgan Chase$35,819,302,225162
Citigroup$25,454,366,764125
Wells Fargo$21,358,750,745184
Deutsche Bank$18,286,625,30261
UBS$16,792,860,91083
Goldman Sachs$16,365,468,98744
Royal Bank of Scotland$13,473,904,00028
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 Parent Primary Offense Type Year Agency Penalty Amountsort icon
UBS Willow Management LLC and UBS Fund Advisor LLC UBS investor protection violation 2015 SEC $17,500,000
Wells Fargo & Company Wells Fargo benefit plan administrator violation 2011 private lawsuit-federal $17,500,000
United States Fidelity & Guaranty Travelers False Claims Act and related 2007 CT-AG $17,500,000
VITOL, S.A. Vitol kickbacks and bribery 2007 NY-MANDA $17,500,000
Deutsche Bank Securities Inc. Deutsche Bank investor protection violation 2013 MA-SEC $17,500,000
Societe Generale Private Banking (Suisse) SA Societe Generale tax violations 2015 DOJ_TAX $17,807,000
Citibank, N.A. Citigroup banking violation 2020 OCC $17,998,510
U.S. Bank National Association U.S. Bancorp investor protection violation 2015 CFTC $18,000,000
MoneyGram International, Inc. MoneyGram International consumer protection violation 2009 FTC $18,000,000
Coast National Insurance Zurich Insurance wage and hour violation 2002 private lawsuit-state $18,000,000
Allianz Dresdner Asset Management of America LP Allianz investor protection violation 2004 NJ-AG $18,000,000
Franklin/Templeton Distributors, Inc. Franklin Resources investor protection violation 2004 CA-AG $18,000,000
Waddell & Reed, Inc. Waddell & Reed Financial Inc. investor protection violation 2005 MULTI-FIN $18,000,000
RBS Financial Products, Inc. Royal Bank of Scotland toxic securities abuses 2020 MD-AG $18,000,000
Mellon Bank N.A. Bank of New York Mellon False Claims Act and related 2006 USAO $18,130,405
Allstate Life Insurance Company of New York Allstate insurance violation 2007 NY-DFS $18,250,000
Pruco Securities, LLC Prudential Financial investor protection violation 2020 SEC $18,252,341
Citigroup Global Markets Citigroup investor protection violation 2017 SEC $18,300,000
Citizens Bank, N.A. Citizens Financial Group consumer protection violation 2015 CFPB $18,500,000
Discover Bank Discover Financial Services consumer protection violation 2015 CFPB $18,500,000
Wilmington Trust M&T Bank accounting fraud or deficiencies 2014 SEC $18,500,000
Deutsche Bank Deutsche Bank investor protection violation 2016 SEC $18,500,000
Wells Fargo & Co. Wells Fargo employment discrimination 2021 private lawsuit-federal $18,700,000
Cash America International Inc. FirstCash payday lending violation 2013 CFPB $19,000,000
Citigroup, Inc. Citigroup accounting fraud or deficiencies 2003 SEC $19,000,000
Edward D. Jones & Co. Jones Financial wage and hour violation 2008 private lawsuit-federal $19,000,000
Metropolitan Life Insurance Company MetLife consumer protection violation 2006 NY-AG $19,000,000
Nationwide Mutual Insurance Company Nationwide Fair Credit Reporting Act violation 2006 private lawsuit-federal $19,250,000
Amerisave Mortgage Corporation and Novo Appraisal Management Company AmeriSave Mortgage consumer protection violation 2014 CFPB $19,300,000
Deutsche Investment Management Americas, Inc. et al. Deutsche Bank investor protection violation 2006 SEC $19,329,729
Western Asset Management Company Franklin Resources investor protection violation 2014 SEC $19,400,000
UBS AG UBS investor protection violation 2015 SEC $19,500,000
Countrywide Securities Corporation and Merrill Lynch, Pierce, Fenner & Smith, Inc. Bank of America toxic securities abuses 2016 VA-AG $19,500,000
John Hancock Investment Management Services, LLC Manulife Financial investor protection violation 2007 SEC $19,787,879
Oppenheimer & Co., Inc. Oppenheimer Holdings anti-money-laundering deficiencies 2015 FINCEN $20,000,000
BAC Home Loans Servicing LP fka Countrywide Home Loans Servicing LP Bank of America mortgage abuses 2011 DOJ_CIVIL $20,000,000
Edward D. Jones & Co. LP Jones Financial investor protection violation 2015 SEC $20,000,000
JPMorgan Chase Bank JPMorgan Chase accounting fraud or deficiencies 2012 CFTC $20,000,000
Guggenheim Partners Investment Management LLC Guggenheim Partners investor protection violation 2015 SEC $20,000,000
New York Stock Exchange, Inc. IntercontinentalExchange Group investor protection violation 2005 SEC $20,000,000
Citigroup Global Markets, Inc. Citigroup investor protection violation 2005 SEC $20,000,000
Franklin Advisers, Inc. and Franklin Templeton Distributors, Inc. Franklin Resources investor protection violation 2004 SEC $20,000,000
Wells Fargo Bank, National Association Wells Fargo Servicemembers Civil Relief Act 2016 OCC $20,000,000
Bank of America Corporation Bank of America investor protection violation 2014 SEC $20,000,000
Wells Fargo Wells Fargo wage and hour violation 2010 private lawsuit-federal $20,000,000
A.G. Edwards Wells Fargo wage and hour violation 2007 private lawsuit-federal $20,000,000
Washington Mutual Pension Plan JPMorgan Chase benefit plan administrator violation 2010 private lawsuit-federal $20,000,000
Citigroup Citigroup toxic securities abuses 2008 MA-AG $20,000,000
OppenheimerFunds Inc. Invesco investor protection violation 2009 OR-AG $20,000,000
Royal Bank of Scotland Royal Bank of Scotland toxic securities abuses 2018 IL-AG $20,000,000
The Hartford Financial Services Group Hartford Financial Services investor protection violation 2006 MULTI-AG $20,000,000
UniCredit Bank Austria AG UniCredit economic sanction violation 2019 NY-MANDA $20,000,000
ABN AMRO ABN AMRO economic sanction violation 2005 NY-DFS $20,000,000
AXA Equitable Equitable Holdings insurance violation 2014 NY-DFS $20,000,000
Wells Fargo & Co. Wells Fargo investor protection violation 2020 MD-AG $20,000,000
UniCredit Bank Austria AG UniCredit economic sanction violation 2019 OFAC (*) $20,326,340
Citigroup Citigroup toxic securities abuses 2011 NCUA $20,500,000
Jackson National Life Insurance Company Prudential (UK) employment discrimination 2020 EEOC $20,500,000
SunTrust Mortgage Inc. Truist Financial banking violation 2012 DOJ_RIGHTS $21,000,000
Merrill Lynch Bank of America wage and hour violation 2013 private lawsuit-federal $21,000,000
Edward D. Jones & Co. Jones Financial wage and hour violation 2008 private lawsuit-federal $21,000,000
Western Asset Management Company Franklin Resources benefit plan administrator violation 2014 EBSA $21,000,000
Bank of America Corp Bank of America benefit plan administrator violation 2011 private lawsuit-federal $21,000,000
QBE Holdings Inc. QBE Insurance insurance violation 2017 MULTI-FIN $21,164,000
Fifth Third Bank Fifth Third Bancorp consumer protection violation 2015 CFPB $21,500,000
Banco Popular de Puerto Rico Popular Inc. anti-money-laundering deficiencies 2003 DOJ_CRIMINAL $21,600,000
World Acceptance Corporation World Acceptance Corporation Foreign Corrupt Practices Act 2020 SEC $21,700,000
Deutsche Bank Americas Holding Corp. Deutsche Bank benefit plan administrator violation 2019 private lawsuit-federal $21,900,000
Citigroup Inc. Citigroup banking violation 2012 FED $22,000,000
Goldman Sachs & Co. Goldman Sachs investor protection violation 2012 SEC $22,000,000
Bank of America Bank of America wage and hour violation 2001 private lawsuit-state $22,000,000
Santander Consumer USA Holdings Inc. Banco Santander consumer protection violation 2017 MA-AG $22,000,000
Regions Financial Corp. Regions Financial benefit plan administrator violation 2014 private lawsuit-federal $22,500,000
Morgan Stanley Morgan Stanley toxic securities abuses 2016 IL-AG $22,500,000
Goldman Sachs Goldman Sachs investor protection violation 2008 MULTI-FIN (*) $22,500,000
TIAA-CREF TIAA benefit plan administrator violation 2014 private lawsuit-federal $22,800,000
Voya Financial Advisors, Inc. Voya Financial investor protection violation 2020 SEC $22,919,155
UBS Financial Services, Inc. UBS investor protection violation 2007 NY-AG $23,300,000
Citigroup Global Markets, Inc. Citigroup investor protection violation 2017 NY-AG $23,500,000
Wells Fargo Wells Fargo consumer protection violation 2010 MULTI-AG $23,700,000
JPMorgan Chase JPMorgan Chase employment discrimination 2018 private lawsuit-federal $24,000,000
BB&T Corporation Truist Financial benefit plan administrator violation 2019 private lawsuit-federal $24,000,000
Hartford Life Insurance Company Hartford Financial Services insurance violation 2012 NY-DFS $24,000,000
BNY Mellon Securities LLC Bank of New York Mellon investor protection violation 2011 SEC $24,045,447
American International Group, Inc. American International Group benefit plan administrator violation 2008 private lawsuit-federal $24,200,000
John Hancock Life Insurance Company Manulife Financial discriminatory practices (non-employment) 2009 private lawsuit-federal $24,400,000
Stifel, Nicolaus & Co., Inc. Stifel Financial investor protection violation 2016 SEC $24,500,000
Wachovia Capital Markets LLC Wells Fargo investor protection violation 2007 MULTI-FIN $24,650,000
Western Sky Financial, LLC and CashCall, Inc. CashCall Inc. consumer protection violation 2015 MI-AG $24,700,000
UBS Financial Services Inc. UBS investor protection violation 2006 NJ-AG $24,750,000
Merrill Lynch Commodities, Inc. Bank of America investor protection violation 2019 CFTC (*) $24,900,000
PayPal Inc. PayPal Holdings consumer protection violation 2015 CFPB $25,000,000
Bank of America, National Association Bank of America banking violation 2014 OCC $25,000,000
American International Group, Inc. American International Group accounting fraud or deficiencies 2006 DOJ_CRIMINAL $25,000,000
Riggs Bank National Association PNC Financial Services anti-money-laundering deficiencies 2004 OCC $25,000,000
ICAP plc ICAP investor protection violation 2009 SEC $25,000,000
Zurich Financial Services Zurich Insurance accounting fraud or deficiencies 2008 SEC $25,000,000
The BISYS Group Citigroup accounting fraud or deficiencies 2007 SEC $25,000,000
Doral Financial Corporation Doral Financial accounting fraud or deficiencies 2006 SEC $25,000,000
J.P. Morgan Securities Inc. JPMorgan Chase investor protection violation 2003 SEC $25,000,000
Citigroup Global Markets Inc. Citigroup investor protection violation 2017 CFTC $25,000,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)