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
First Horizon National Corporation First Horizon National benefit plan administrator violation 2012 private lawsuit-federal $6,000,000
Fifth Third Bancorp Fifth Third Bancorp benefit plan administrator violation 2016 private lawsuit-federal $6,000,000
BB&T Leasing Corporation Truist Financial consumer protection violation 2006 MULTI-AG $6,000,000
Countrywide Financial Corp. Bank of America mortgage abuses 2009 CO-AG $6,000,000
Encore Capital Group Inc. Encore Capital Group consumer protection violation 2018 MULTI-AG $6,000,000
Lender Processing Services, Inc. Fidelity National Financial mortgage abuses 2014 NV-AG $6,000,000
TravelersCompanies, Inc. Travelers price-fixing or anti-competitive practices 2007 MULTI-AG $6,000,000
Israel Discount Bank of New York Israel Discount Bank anti-money-laundering deficiencies 2006 NY-DFS $6,000,000
American Modern Insurance Group Inc. Munich Re insurance violation 2015 MULTI-FIN $6,000,000
Morgan Stanley Morgan Stanley wage and hour violation 2016 private lawsuit-federal $5,995,000
National Union Fire Insurance Co. American International Group insurance violation 2013 CA-INS $5,991,132
Transamerica Life Insurance Company Aegon insurance violation 2019 NJ-DBI $5,942,519
Prudential Securities Incorporated Wells Fargo investor protection violation 2000 SEC $5,880,000
Brown & Brown, Inc. Brown & Brown consumer protection violation 2006 FL-AG $5,800,000
Wachovia Bank Wells Fargo wage and hour violation 2004 WHD $5,798,744
Credit Suisse Securities (USA) LLC Credit Suisse investor protection violation 2017 SEC $5,754,714
Nationwide Insurance Nationwide consumer protection violation 2015 WV-AG $5,750,000
Progressive Express Insurance Co. et al. Progressive insurance violation 2002 FL-OFR $5,750,000
BB&T Securities Truist Financial investor protection violation 2019 SEC $5,709,753
JPMorgan Chase JPMorgan Chase wage and hour violation 2017 private lawsuit-federal $5,707,279
Deutsche Bank Securities Inc. Deutsche Bank toxic securities abuses 2016 VA-AG $5,621,897
Unum Group Unum kickbacks and bribery 2008 USAO $5,550,000
ABN AMRO Bank, N.V. ABN AMRO investor protection violation 2013 SEC $5,547,408
UBS as successor to Piper Jaffray UBS wage and hour violation 2008 private lawsuit-federal $5,500,000
Allstate Insurance Company Allstate wage and hour violation 2018 private lawsuit-state $5,500,000
Nationwide Mutual Insurance Company Nationwide privacy violation 2017 MULTI-AG $5,500,000
UBS Financial Services Inc. UBS investor protection violation 2007 CT-SEC $5,500,000
UBS Global Asset Management UBS benefit plan administrator violation 2006 private lawsuit-federal $5,493,000
Stifel Nicolaus & Company, Inc. Stifel Financial investor protection violation 2010 NJ-BOS $5,415,381
Wells Fargo Bank N.A Wells Fargo workplace whistleblower retaliation 2017 OSHA $5,400,000
Wells Fargo Bank N.A., d/b/a Wells Fargo Dealer Services Wells Fargo Servicemembers Civil Relief Act 2017 DOJ_RIGHTS $5,400,000
Progressive Progressive wage and hour violation 2004 private lawsuit-federal $5,400,000
Santander USA Holdings Inc. Banco Santander consumer protection violation 2015 MA-AG $5,400,000
Farmers Insurance Exchange Farmers Insurance Exchange wage and hour violation 2020 private lawsuit-federal $5,400,000
Wells Fargo Bank, N.A. and Wells Fargo Insurance, Inc. Wells Fargo insurance violation 2019 CA-INS $5,345,816
UBS O'Connor, LLC UBS investor protection violation 2013 SEC $5,297,716
American International Group, Inc. American International Group tax violations 2006 MI-AG $5,279,484
JPMorgan Chase Bank, N.A. JPMorgan Chase economic sanction violation 2018 OFAC $5,263,171
HSBC HSBC toxic securities abuses 2012 NCUA $5,250,000
American Express Travel Related Services Company, Inc. American Express economic sanction violation 2013 OFAC $5,226,120
Goldman, Sachs & Co. Goldman Sachs investor protection violation 2000 SEC $5,200,000
CIT Group Inc. CIT mortgage abuses 2018 FED $5,200,000
ING Life Insurance and Annuity Co. Voya Financial benefit plan administrator violation 2013 EBSA $5,200,000
National Union Fire Insurance Company American International Group insurance violation 2019 NY-DFS $5,200,000
New Day Financial, LLC d/b/a NewDay USA New Day Financial LLC investor protection violation 2015 MULTI-FIN $5,160,000
Zurich Life Insurance Company Ltd Zurich Insurance tax violations 2019 DOJ_TAX $5,115,000
Wells Fargo Advisors LLC Wells Fargo investor protection violation 2018 SEC $5,108,441
Old Republic Title Co. Old Republic International consumer protection violation 2002 CA-MULTI $5,096,963
Premier Insurance Company of Massachusetts Travelers consumer protection violation 2011 MA-AG $5,000,386
Wells Fargo Advisors LLC Wells Fargo investor protection violation 2014 SEC $5,000,000
Morgan Stanley Morgan Stanley investor protection violation 2012 CFTC $5,000,000
LavaFlow Inc. Citigroup investor protection violation 2014 SEC $5,000,000
New York Stock Exchange IntercontinentalExchange Group investor protection violation 2012 SEC $5,000,000
Republic New York Securities Corporation HSBC investor protection violation 2001 CFTC $5,000,000
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 E-Trade Financial 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
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
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)