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
U.S. Trust Corporation Bank of America banking violation 2001 FED $5,000,000
SG Cowen Securities Corporation Cowen Inc. investor protection violation 2003 SEC $5,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2000 SEC $5,000,000
Wells Fargo Home Mortgage Wells Fargo discriminatory practices (non-employment) 2014 HUD $5,000,000
First American Title Insurance Company First American Financial kickbacks and bribery 2007 HUD $5,000,000
Chicago Title Insurance Company Fidelity National Financial mortgage abuses 2005 HUD $5,000,000
State Farm State Farm Insurance wage and hour violation 2013 private lawsuit-federal $5,000,000
Credit Suisse Securities (USA) LLC Credit Suisse investor protection violation 2018 SEC $5,000,000
LendingClub Asset Management LLC LendingClub Corp. investor protection violation 2018 SEC $5,000,000
Teachers Insurance and Annuity Insurance Association of America TIAA benefit plan administrator violation 2017 private lawsuit-federal $5,000,000
UNUM Life Insurance Company of America Unum benefit plan administrator violation 2010 private lawsuit-federal $5,000,000
Citibank N.A. Citigroup bankruptcy professional violation 2018 DOJ_UTP $5,000,000
UBS Financial Services Inc. UBS investor protection violation 2018 SEC $5,000,000
UBS Financial Services Inc. UBS anti-money-laundering deficiencies 2018 FINCEN $5,000,000
American Express Financial Advisors Inc. Ameriprise Financial investor protection violation 2005 NJ-AG $5,000,000
Jackson Hewitt, Inc. Jackson Hewitt consumer protection violation 2007 CA-AG $5,000,000
Principal Financial Group Principal Financial kickbacks and bribery 2007 CT-AG $5,000,000
Smith Barney Morgan Stanley investor protection violation 2007 NJ-AG $5,000,000
Travelers Companies, Inc. Travelers consumer protection violation 2018 CT-AG $5,000,000
Western Union Co. Western Union consumer protection violation 2017 MULTI-AG $5,000,000
RBC Capital Markets, LLC Royal Bank of Canada investor protection violation 2019 CFTC $5,000,000
GFI Securities LLC BGC Partners foreign exchange market manipulation 2019 NY-AG $5,000,000
JPMorgan Chase Bank, N.A. JPMorgan Chase employment discrimination 2019 private lawsuit-federal $5,000,000
Morgan Stanley Smith Barney LLC Morgan Stanley investor protection violation 2020 SEC $5,000,000
Regions Bank Regions Financial banking violation 2014 AL-SBD $5,000,000
Blue Shield of California California Physicians' Service insurance violation 2008 CA-MHC $5,000,000
Morgan Stanley Smith Barney LLC Morgan Stanley investor protection violation 2014 CT-SEC $5,000,000
State Street Global Advisors State Street Corp. investor protection violation 2012 MA-SEC $5,000,000
Morgan Stanley & Co. LLC Morgan Stanley investor protection violation 2012 MA-SEC $5,000,000
American Security Insurance Company et al. Assurant insurance violation 2016 MN-FIN $5,000,000
Smith Barney Morgan Stanley investor protection violation 2007 NJ-BOS $5,000,000
U.S. Trust Corporation Bank of America anti-money-laundering deficiencies 2001 NY-DFS $5,000,000
Credit Agricole Credit Agricole banking violation 2004 NY-DFS $5,000,000
Arch Insurance Company Arch Capital insurance violation 2019 NY-DFS $5,000,000
E*TRADE Securities LLC Morgan Stanley investor protection violation 2011 MULTI-FIN $5,000,000
HCC Life Insurance Company et al. Tokio Marine insurance violation 2018 MULTI-FIN $5,000,000
Thomas Weisel Partners LLC Stifel Financial investor protection violation 2005 MULTI-FIN (*) $5,000,000
Morgan Stanley Capital Services LLC Morgan Stanley investor protection violation 2020 CFTC $5,000,000
PNC Bank, NA PNC Financial Services mortgage abuses 2020 DOJ_UTP $5,000,000
Morgan Stanley & Co. LLC Morgan Stanley investor protection violation 2020 SEC $5,000,000
Lehman Brothers Inc. Lehman Brothers investor protection violation 2000 SEC $4,950,000
CommerceWest Bank CommerceWest Bank fraud 2015 DOJ_CRIMINAL $4,900,000
Farmers Insurance Exchange Farmers Insurance Exchange wage and hour violation 2017 private lawsuit-federal $4,900,000
KeyBank KeyCorp wage and hour violation 2013 private lawsuit-federal $4,900,000
Hewitt Associates Aon wage and hour violation 2009 private lawsuit-federal $4,900,000
Progressive Advanced Insurance Company et al. Progressive insurance violation 2019 VA-INS $4,876,344
Merrill Lynch Bank of America investor protection violation 2010 NJ-AG $4,871,620
H&R Block H&R Block consumer protection violation 2009 CA-AG $4,850,000
Wachovia Securities, LLC Wells Fargo investor protection violation 2004 SEC $4,844,465
Morgan Stanley Morgan Stanley price-fixing or anti-competitive practices 2011 DOJ_ANTITRUST $4,800,000
SunTrust Banks, Inc. Truist Financial benefit plan administrator violation 2018 private lawsuit-federal $4,750,000
Citigroup Global Markets Inc. Citigroup toxic securities abuses 2016 VA-AG $4,750,000
Santander Consumer USA Inc. Banco Santander consumer protection violation 2020 CFPB $4,750,000
Morgan Stanley Smith Barney LLC Morgan Stanley investor protection violation 2016 MS-SEC $4,743,815
Allianz Life Insurance Company of North America Allianz insurance violation 2015 MULTI-AG $4,700,000
ING Financial Partners, Inc. Voya Financial investor protection violation 2008 IL-SEC $4,677,326
Selective Insurance Companies Selective Insurance Group insurance violation 2018 NY-DFS $4,666,268
Citigroup Citigroup wage and hour violation 2015 private lawsuit-federal $4,650,000
UBS Financial Services Inc. UBS investor protection violation 2004 SEC $4,621,768
National City Mortgage Inc. PNC Financial Services False Claims Act and related 2008 DOJ_CIVIL $4,600,000
JPMorgan Chase Bank, N.A. JPMorgan Chase consumer protection violation 2017 CFPB $4,600,000
UBS Financial Services Inc. UBS investor protection violation 2013 MULTI-FIN $4,600,000
UBS Financial Services, Inc UBS investor protection violation 2013 MULTI-AG $4,580,000
Zurich American Insurance Company Zurich Insurance insurance violation 2013 NY-DFS $4,560,000
WFS Financial, Inc. Wells Fargo discriminatory practices (non-employment) 2004 private lawsuit-federal $4,550,000
UBS Financial Services, Inc. UBS investor protection violation 2006 MT-SEC $4,503,166
New York Stock Exchange IntercontinentalExchange Group investor protection violation 2014 SEC $4,500,000
Fidelity National Financial, Inc. Fidelity National Financial kickbacks and bribery 2011 HUD $4,500,000
Allstate Insurance Company Allstate employment discrimination 2009 EEOC $4,500,000
Ameriprise Financial Services Inc. Ameriprise Financial investor protection violation 2018 SEC $4,500,000
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
ACE Group Holdings, Inc. Chubb Limited price-fixing or anti-competitive practices 2007 MULTI-AG $4,500,000
Citigroup Global Markets, Inc. Citigroup consumer protection violation 2015 NY-AG $4,500,000
Citibank N.A. Citigroup investor protection violation 2020 CFTC $4,500,000
Commonwealth Land Title Insurance Co. et al. Fidelity National Financial insurance violation 2006 CA-INS $4,499,997
HealthNow Highmark Inc. insurance violation 2011 NY-DFS $4,492,327
State Street Corporation State Street Corp. employment discrimination 2017 OFCCP $4,492,174
Freedom Mortgage Corporation Freedom Mortgage wage and hour violation 2019 private lawsuit-federal $4,480,000
Deutsche Bank Securities Inc. Deutsche Bank investor protection violation 2018 SEC $4,450,000
St Paul Travelers Companies Inc. Travelers benefit plan administrator violation 2007 private lawsuit-federal $4,450,000
U.S. Bancorp U.S. Bancorp mortgage abuses 2018 FED $4,400,000
Chase Bank USA, N.A. JPMorgan Chase consumer protection violation 2009 NY-AG $4,400,000
USAA CASUALTY INSURANCE CO ET AL. USAA insurance violation 2018 VA-INS $4,396,720
CIT Technology Financing Services, Inc. CIT consumer protection violation 2005 NJ-AG $4,360,000
Farmers Insurance Group Zurich Insurance discriminatory practices (non-employment) 2001 OH-AG $4,300,000
GFI Securities LLC BGC Partners investor protection violation 2019 SEC $4,300,000
Credit Suisse Securities (USA) LLC Credit Suisse data submission deficiencies 2015 SEC $4,250,000
OZ Management LP Sculptor Capital Management data submission deficiencies 2015 SEC $4,250,000
Horizon Healthcare Services, Inc. Horizon Healthcare Services insurance violation 2012 NJ-DBI $4,233,100
ICBC Standard Bank Plc Industrial and Commercial Bank of China investor protection violation 2015 SEC $4,200,000
Morgan Stanley Morgan Stanley wage and hour violation 2014 private lawsuit-federal $4,200,000
CIT Technology Financing Services, Inc. CIT consumer protection violation 2004 NY-AG $4,200,000
Bank of America Bank of America employment discrimination 2019 OFCCP $4,200,000
Raymond James and Associates Inc. Raymond James Financial investor protection violation 2016 VT-FIN $4,200,000
Citibank Citigroup consumer protection violation 2021 MULTI-AG $4,200,000
Prospect Mortgage Company LLC Homebridge Financial Services mortgage abuses 2017 USAO $4,157,000
Wells Fargo Bank N.A. Wells Fargo Servicemembers Civil Relief Act 2016 DOJ_RIGHTS $4,100,000
Bank of America Bank of America wage and hour violation 2003 private lawsuit-state $4,100,000
Louis Dreyfus Energy Services Louis Dreyfus False Claims Act and related 2012 DOJ_CIVIL $4,084,000
IMPERIAL SUGAR COMPANY; IMPERIAL-SAVANNAH, L.P. Louis Dreyfus workplace safety or health violation 2008 OSHA $4,050,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)