Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$325,206,110,617
Number of Records: 
5,976
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$82,700,046,034213
JPMorgan Chase$34,530,243,993154
Citigroup$25,045,655,764120
Wells Fargo$21,199,943,231179
Deutsche Bank$18,156,533,87859
UBS$16,792,800,91083
Royal Bank of Scotland$13,455,904,00027
Goldman Sachs$13,140,380,98740
BNP Paribas$12,132,582,95017
Credit Suisse$10,409,957,62631


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
MF Global Inc. MF Global investor protection violation 2009 CFTC $10,000,000
BankAtlantic Truist Financial anti-money-laundering deficiencies 2006 DOJ_CRIMINAL $10,000,000
Bank of China Bank of China banking violation 2002 OCC $10,000,000
Morgan Stanley & Co. Morgan Stanley investor protection violation 2006 SEC $10,000,000
Morgan Stanley & Co. Morgan Stanley data submission deficiencies 2006 SEC $10,000,000
Southwest Securities, Inc. Hilltop Holdings investor protection violation 2005 SEC $10,000,000
Banc of America Securities LLC Bank of America investor protection violation 2004 SEC $10,000,000
American International Group, Inc. American International Group accounting fraud or deficiencies 2003 SEC $10,000,000
AmSouth Regions Financial anti-money-laundering deficiencies 2004 FINCEN $10,000,000
NASDAQ Stock Market, LLC and NASDAQ Execution Services, LLC Nasdaq Inc. investor protection violation 2013 SEC $10,000,000
BMO Harris Bank, N.A. Bank of Montreal fraud 2018 USAO $10,000,000
Metropolitan Life MetLife employment discrimination 2003 private lawsuit-federal $10,000,000
State Street Corporation State Street Corp. benefit plan administrator violation 2014 private lawsuit-federal $10,000,000
Merrill Lynch Bank of America benefit plan administrator violation 2012 private lawsuit-federal $10,000,000
Bear Stearns Companies, Inc. JPMorgan Chase benefit plan administrator violation 2012 private lawsuit-federal $10,000,000
Allianz Life Insurance Company of North America Allianz insurance violation 2012 MULTI-AG $10,000,000
CIT Group/Equipment Financing, Inc. CIT consumer protection violation 2005 MULTI-AG $10,000,000
Credit Suisse Securities (USA) LLC Credit Suisse investor protection violation 2018 NY-AG (*) $10,000,000
Merrill Lynch Pierce Fenner & Smith Inc. Bank of America investor protection violation 2005 NJ-AG $10,000,000
Premera Blue Cross Premera Blue Cross privacy violation 2019 MULTI-AG $10,000,000
RBS Securities Inc. Royal Bank of Scotland toxic securities abuses 2016 VA-AG $10,000,000
State Farm Mutual Automobile Insurance Co. State Farm Insurance consumer protection violation 2005 TX-AG $10,000,000
Wells Fargo Financial Leasing, Inc. Wells Fargo consumer protection violation 2005 MULTI-AG $10,000,000
GFI Securities, LLC BGC Partners investor protection violation 2019 CFTC $10,000,000
Metropolitan Life Insurance Company, Inc. MetLife insurance violation 2014 NY-MANDA $10,000,000
MetLife, Inc. MetLife investor protection violation 2019 SEC $10,000,000
QBE Insurance Corp. QBE Insurance insurance violation 2013 NY-DFS $10,000,000
Allstate Allstate insurance violation 2010 MULTI-FIN $10,000,000
UBS Financial Services Inc. UBS investor protection violation 2020 SEC $10,000,000
Wells Fargo & Co. Wells Fargo discriminatory practices (non-employment) 2019 private lawsuit-federal $10,000,000
Goldman Sachs Goldman Sachs employment discrimination 2019 OFCCP $9,995,000
TD Bank Toronto-Dominion Bank wage and hour violation 2015 private lawsuit-federal $9,900,000
PROGRESSIVE DIRECT INSURANCE Progressive insurance violation 2017 VA-INS $9,839,379
RBC Capital Markets Corporation Royal Bank of Canada investor protection violation 2008 MULTI-FIN (*) $9,800,000
Banc of America Investment Services, Inc. Bank of America investor protection violation 2008 SEC $9,763,634
CashCall Inc. CashCall Inc. consumer protection violation 2017 SC-FIN $9,650,000
Countrywide Home Loans Inc. Bank of America wage and hour violation 2015 private lawsuit-federal $9,649,000
U.S. Bank Pension Plan U.S. Bancorp benefit plan administrator violation 2012 private lawsuit-federal $9,600,000
General Motors Acceptance Corp. Ally Financial discriminatory practices (non-employment) 2004 private lawsuit-federal $9,600,000
Deutsche Bank Securities Deutsche Bank investor protection violation 2016 SEC $9,500,000
PNC Bank N.A. PNC Financial Services False Claims Act and related 2016 USAO $9,500,000
Wells Fargo Advisors, LLC Wells Fargo wage and hour violation 2018 private lawsuit-federal $9,500,000
Massachusetts Mutual Life Insurance Co. Massachusetts Mutual Life Insurance benefit plan administrator violation 2015 private lawsuit-federal $9,475,000
Santander Consumer USA Inc. Banco Santander Servicemembers Civil Relief Act 2015 DOJ_RIGHTS $9,350,000
HSBC Bank USA HSBC benefit plan administrator violation 2005 private lawsuit-federal $9,350,000
Liberty National Life Insurance Company Globe Life Inc. discriminatory practices (non-employment) 2006 private lawsuit-federal $9,350,000
LPL Financial LLC LPL Financial investor protection violation 2019 SEC $9,333,516
Goldman Sachs Goldman Sachs investor protection violation 2003 SEC $9,305,382
Western Sky Financial LLC et al. CashCall Inc. consumer protection violation 2016 NC-BKG $9,275,000
American International Insurance Group Inc. American International Group insurance violation 2008 PA-INS $9,125,400
Nationstar Mortgage, LLC dba Mr. Cooper Mr. Cooper Group consumer protection violation 2017 CA-DBO $9,118,784
Provident Funding Associates Provident Funding Associates consumer protection violation 2015 CFPB $9,000,000
AMERICAN EXPRESS COMPANY American Express banking violation 2012 FED $9,000,000
TMX Finance LLC TMX Finance consumer protection violation 2016 CFPB $9,000,000
Union Savings Bank and Guardian Savings Bank Union Savings Bank discriminatory practices (non-employment) 2016 DOJ_RIGHTS $9,000,000
Bank of America Bank of America wage and hour violation 2015 private lawsuit-federal $9,000,000
JPMorgan Chase JPMorgan Chase wage and hour violation 2012 private lawsuit-federal $9,000,000
Bank of America Bank of America wage and hour violation 2006 private lawsuit-federal $9,000,000
ACE Limited Chubb Limited price-fixing or anti-competitive practices 2007 PA-AG $9,000,000
American International Group American International Group price-fixing or anti-competitive practices 2010 OH-AG $9,000,000
Barclays Capital Inc. Barclays toxic securities abuses 2016 VA-AG $9,000,000
CashCall and Western Sky CashCall Inc. consumer protection violation 2016 NC-AG $9,000,000
Prudential Insurance Company Of America Prudential Financial benefit plan administrator violation 2019 private lawsuit-federal $9,000,000
Taylor, Bean & Whitaker Mortgage Corp. Taylor, Bean & Whitaker mortgage abuses 2009 MULTI-FIN $9,000,000
Deutsche Bank AG Deutsche Bank investor protection violation 2020 CFTC $9,000,000
Merrill Lynch, Pierce, Fenner & Smith Bank of America investor protection violation 2018 SEC $8,900,000
Household Finance Corp. of California and Beneficial California, Inc. HSBC mortgage abuses 2002 CA-DBO $8,900,000
Merrill Lynch, Pierce and Fenner & Smith Incorporated Bank of America investor protection violation 2018 SEC $8,872,723
Citizens Bank Citizens Financial Group banking violation 2015 FDIC $8,800,000
Morgan Stanley Investment Management Morgan Stanley investor protection violation 2015 SEC $8,800,000
Ameriprise Financial Services, Inc. Ameriprise Financial investor protection violation 2017 SEC $8,750,000
Citigroup Citigroup banking violation 2018 FED $8,600,000
Providian Financial Corp. JPMorgan Chase benefit plan administrator violation 2003 private lawsuit-federal $8,600,000
Unum Life Insurance Company of America et al. Unum insurance violation 2005 CA-INS $8,598,503
Charles Schwab & Co., Inc. et al. Charles Schwab Corp. investor protection violation 2011 IL-SEC $8,567,364
Western Union Financial Services Western Union consumer protection violation 2005 MULTI-AG $8,529,000
First BanCorp First Bancorp (Puerto Rico) accounting fraud or deficiencies 2007 SEC $8,500,000
Combined Insurance Company of America Chubb Limited employment discrimination 2005 private lawsuit-federal $8,500,000
Citigroup Inc. Citigroup benefit plan administrator violation 2014 private lawsuit-federal $8,500,000
Wells Fargo Bank Wells Fargo privacy violation 2016 CA-AG $8,500,000
Israel Discount Bank of New York Israel Discount Bank anti-money-laundering deficiencies 2005 NY-MANDA $8,500,000
Morgan Stanley & Co. Morgan Stanley investor protection violation 2009 MULTI-FIN $8,500,000
SG Americas Securities, LLC Societe Generale investor protection violation 2009 SEC $8,384,932
JPMorgan Chase JPMorgan Chase wage and hour violation 2018 private lawsuit-federal $8,333,333
Popular, Inc. Popular Inc. benefit plan administrator violation 2012 private lawsuit-federal $8,200,000
Wedbush Securities Inc. Wedbush Securities investor protection violation 2019 SEC $8,100,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2019 SEC $8,014,000
Zions First National Bank Zions Bancorporation banking violation 2011 OCC $8,000,000
UBS Securities LLC UBS investor protection violation 2011 SEC $8,000,000
Nationwide Life Insurance Company Nationwide investor protection violation 2015 SEC $8,000,000
Credit Agricole S.A. Credit Agricole banking violation 2004 FED $8,000,000
Crawford Healthcare Management of Norfolk & Baltimore Crawford & Co. fraud 2003 DOJ_CRIMINAL $8,000,000
Fidelity Investments Fidelity Investments kickbacks and bribery 2008 SEC $8,000,000
Morgan Stanley Smith Barney Morgan Stanley investor protection violation 2017 SEC $8,000,000
Morgan Stanley Morgan Stanley mortgage abuses 2018 FED $8,000,000
Farmers Insurance Exchange Farmers Insurance Exchange wage and hour violation 2010 private lawsuit-federal $8,000,000
American International Group Inc. American International Group investor protection violation 2010 OR-AG $8,000,000
Wells Fargo Wells Fargo consumer protection violation 2016 WV-AG $8,000,000
Western Union Financial Services, Inc. Western Union anti-money-laundering deficiencies 2002 NY-DFS $8,000,000
Morgan Stanley & Co. Incorporated Morgan Stanley investor protection violation 2007 SEC $7,957,200
Citibank Citigroup consumer protection violation 2016 CFPB $7,890,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)