Violation Tracker Industry Summary Page
Industry:
financial services
Penalty Total since 2000:
$332,924,888,663
Number of Records:
6,731
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 | $82,885,116,051 | 259 |
| JPMorgan Chase | $35,851,377,155 | 190 |
| Citigroup | $25,535,002,360 | 154 |
| Wells Fargo | $21,428,596,719 | 217 |
| Deutsche Bank | $18,341,457,302 | 76 |
| UBS | $16,845,624,160 | 97 |
| Goldman Sachs | $16,381,931,839 | 64 |
| NatWest Group PLC | $13,477,129,000 | 31 |
| BNP Paribas | $12,147,863,950 | 19 |
| Credit Suisse | $10,447,392,626 | 44 |
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 |
|---|---|---|---|---|---|
| UBS | UBS | wage and hour violation | 2012 | private lawsuit-federal | $1,400,000 |
| SunTrust Mortgage | Truist Financial | wage and hour violation | 2012 | private lawsuit-federal | $2,400,000 |
| JPMorgan Chase | JPMorgan Chase | wage and hour violation | 2012 | private lawsuit-federal | $1,195,000 |
| JPMorgan Chase | JPMorgan Chase | wage and hour violation | 2012 | private lawsuit-federal | $9,000,000 |
| Associated Banc-Corp | Associated Banc-Corp | wage and hour violation | 2012 | private lawsuit-federal | $1,275,000 |
| Prudential Insurance | Prudential Financial | wage and hour violation | 2011 | private lawsuit-federal | $1,016,500 |
| Washington Mutual Bank | JPMorgan Chase | wage and hour violation | 2011 | private lawsuit-federal | $463,000 |
| Hartford Fire Insurance | Hartford Financial Services | wage and hour violation | 2011 | private lawsuit-federal | $1,200,000 |
| Ameriprise Financial | Ameriprise Financial | wage and hour violation | 2011 | private lawsuit-federal | $185,000 |
| MetLife | MetLife | wage and hour violation | 2011 | private lawsuit-federal | $2,000,000 |
| Oppenheimer & Co. | Oppenheimer Holdings | wage and hour violation | 2011 | private lawsuit-federal | $2,375,901 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $6,660,000 |
| JPMorgan Chase | JPMorgan Chase | wage and hour violation | 2011 | private lawsuit-federal | $42,000,000 |
| Aon | Aon | wage and hour violation | 2011 | private lawsuit-state | $10,500,000 |
| Wells Fargo Bank | Wells Fargo | wage and hour violation | 2011 | private lawsuit-federal | $100,000 |
| MetLife | MetLife | wage and hour violation | 2011 | private lawsuit-federal | $2,350,000 |
| Arthur J. Gallagher | Arthur J. Gallagher & Co. | wage and hour violation | 2011 | private lawsuit-federal | $3,900,000 |
| 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 |
| Citigroup Global Markets | Citigroup | wage and hour violation | 2011 | private lawsuit-federal | $394,220 |
| Combined Insurance Company of America | Chubb Limited | wage and hour violation | 2010 | private lawsuit-federal | $6,000,000 |
| Wachovia Financial Services | Wells Fargo | wage and hour violation | 2010 | private lawsuit-federal | $450,000 |
| Bear Stearns | JPMorgan Chase | wage and hour violation | 2010 | private lawsuit-federal | $675,000 |
| Bank of America | Bank of America | wage and hour violation | 2010 | private lawsuit-state | $16,650,000 |
| Farmers Insurance Exchange | Farmers Insurance Exchange | wage and hour violation | 2010 | private lawsuit-federal | $8,000,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2010 | private lawsuit-federal | $20,000,000 |
| JPMorgan Chase | JPMorgan Chase | wage and hour violation | 2010 | private lawsuit-federal | $2,492,729 |
| H&R Block | H&R Block | wage and hour violation | 2010 | private lawsuit-federal | $1,400,000 |
| Merrill Lynch | Bank of America | wage and hour violation | 2010 | private lawsuit-federal | $43,500,000 |
| TD Bank | Toronto-Dominion Bank | wage and hour violation | 2010 | private lawsuit-federal | $375,000 |
| Bank of America | Bank of America | wage and hour violation | 2010 | private lawsuit-federal | $661,392 |
| Washington Mutual Bank | JPMorgan Chase | wage and hour violation | 2009 | private lawsuit-federal | $38,000,000 |
| Wachovia Securities | Wells Fargo | wage and hour violation | 2009 | private lawsuit-federal | $39,000,000 |
| Prudential Financial | Prudential Financial | wage and hour violation | 2009 | private lawsuit-federal | $11,000,000 |
| TD Ameritrade | Charles Schwab Corp. | wage and hour violation | 2009 | private lawsuit-federal | $2,500,000 |
| AXA Financial | Equitable Holdings | wage and hour violation | 2009 | private lawsuit-federal | $6,500,000 |
| A.G. Edwards | Wells Fargo | wage and hour violation | 2009 | private lawsuit-federal | $12,000,000 |
| MetLife | MetLife | wage and hour violation | 2009 | private lawsuit-federal | $7,400,000 |
| Janney Montgomery Scott | Penn Mutual | wage and hour violation | 2009 | private lawsuit-federal | $2,880,000 |
| Morgan Stanley | Morgan Stanley | wage and hour violation | 2009 | private lawsuit-federal | $50,000,000 |
| HSBC Auto Finance | HSBC | wage and hour violation | 2009 | private lawsuit-federal | $420,000 |
| Banco Popular | Popular Inc. | wage and hour violation | 2009 | private lawsuit-federal | $1,050,000 |
| Champion Mortgage and KeyBank | KeyCorp | wage and hour violation | 2009 | private lawsuit-federal | $1,200,000 |
| Home Loan Center Inc. | LendingTree | wage and hour violation | 2009 | private lawsuit-federal | $2,500,000 |
| Hewitt Associates | Aon | wage and hour violation | 2009 | private lawsuit-federal | $4,900,000 |
| National City Mortgage | PNC Financial Services | wage and hour violation | 2008 | private lawsuit-federal | $27,500,000 |
| Edward D. Jones & Co. | Jones Financial | wage and hour violation | 2008 | private lawsuit-federal | $21,000,000 |
| UBS as successor to Piper Jaffray | UBS | wage and hour violation | 2008 | private lawsuit-federal | $5,500,000 |
| E-Trade | Morgan Stanley | wage and hour violation | 2008 | private lawsuit-federal | $900,000 |
| Citigroup | Citigroup | wage and hour violation | 2008 | private lawsuit-federal | $98,000,000 |
| Edward D. Jones & Co. | Jones Financial | wage and hour violation | 2008 | private lawsuit-federal | $19,000,000 |
| USAA | USAA | wage and hour violation | 2008 | private lawsuit-federal | $738,423 |
| First NLC | Arlington Asset Investment Corp. | wage and hour violation | 2007 | private lawsuit-federal | $14,000,000 |
| A.G. Edwards | Wells Fargo | wage and hour violation | 2007 | private lawsuit-federal | $20,000,000 |
| E-Loan Inc. | Popular Inc. | wage and hour violation | 2007 | private lawsuit-federal | $13,600,000 |
| UBS | UBS | wage and hour violation | 2007 | private lawsuit-federal | $44,000,000 |
| Bank of America | Bank of America | wage and hour violation | 2007 | private lawsuit-state | $2,500,000 |
| UBS | UBS | wage and hour violation | 2007 | private lawsuit-federal | $45,000,000 |
| Wells Fargo | Wells Fargo | wage and hour violation | 2007 | private lawsuit-federal | $12,800,000 |
| Citigroup | Citigroup | wage and hour violation | 2006 | private lawsuit-federal | $3,550,000 |
| Morgan Stanley | Morgan Stanley | wage and hour violation | 2006 | private lawsuit-federal | $42,500,000 |
| Bank of America | Bank of America | wage and hour violation | 2006 | private lawsuit-federal | $9,000,000 |
| Merrill Lynch | Bank of America | wage and hour violation | 2006 | private lawsuit-federal | $37,000,000 |
| Liberty Mutual | Liberty Mutual Insurance | wage and hour violation | 2005 | private lawsuit-federal | $6,400,000 |
| Allstate Insurance | Allstate | wage and hour violation | 2005 | private lawsuit-state | $120,000,000 |
| Countrywide Financial | Bank of America | wage and hour violation | 2005 | private lawsuit-state | $30,000,000 |
| State Farm | State Farm Insurance | wage and hour violation | 2005 | private lawsuit-state | $135,000,000 |
| Progressive | Progressive | wage and hour violation | 2004 | private lawsuit-federal | $5,400,000 |
| Bank of America | Bank of America | wage and hour violation | 2003 | private lawsuit-state | $4,100,000 |
| Ditech | Ditech Holding Corporation | wage and hour violation | 2002 | private lawsuit-federal | $6,150,000 |
| Coast National Insurance | Zurich Insurance | wage and hour violation | 2002 | private lawsuit-state | $18,000,000 |
| Bank of America | Bank of America | wage and hour violation | 2001 | private lawsuit-state | $22,000,000 |
| Farmers Insurance Exchange | Farmers Insurance Exchange | wage and hour violation | 2001 | private lawsuit-state | $90,009,208 |
| Wilmington Finance Inc. | OneMain Holdings | wage and hour violation | 2008 | private lawsuit-federal | $2,925,000 |
| American Express Financial Advisors | Ameriprise Financial | employment discrimination | 2002 | private lawsuit-federal | $31,000,000 |
| Merrill Lynch | Bank of America | employment discrimination | 2013 | private lawsuit-federal | $38,225,000 |
| Merrill Lynch | Bank of America | employment discrimination | 2013 | private lawsuit-federal | $160,000,000 |
| Banc of America Investment Services | Bank of America | employment discrimination | 2009 | private lawsuit-federal | $7,200,000 |
| Combined Insurance Company of America | Chubb Limited | employment discrimination | 2005 | private lawsuit-federal | $8,500,000 |
| Cincinnati Insurance Company | Cincinnati Financial | employment discrimination | 2006 | private lawsuit-federal | $537,500 |
| Farmers Insurance Exchange | Farmers Insurance Exchange | employment discrimination | 2016 | private lawsuit-federal | $6,140,000 |
| JPMorgan Chase | JPMorgan Chase | employment discrimination | 2018 | private lawsuit-federal | $24,000,000 |
| Liberty Mutual Insurance | Liberty Mutual Insurance | employment discrimination | 2009 | private lawsuit-federal | $2,163,401 |
| MetLife Securities | MetLife | employment discrimination | 2017 | private lawsuit-federal | $32,500,000 |
| Metropolitan Life | MetLife | employment discrimination | 2003 | private lawsuit-federal | $10,000,000 |
| Smith Barney | Morgan Stanley | employment discrimination | 2008 | private lawsuit-federal | $33,000,000 |
| Morgan Stanley | Morgan Stanley | employment discrimination | 2007 | private lawsuit-federal | $46,000,000 |
| Morgan Stanley | Morgan Stanley | employment discrimination | 2008 | private lawsuit-federal | $750,000 |
| Morgan Stanley | Morgan Stanley | employment discrimination | 2008 | private lawsuit-federal | $16,000,000 |
| New York Life Insurance | New York Life Insurance | employment discrimination | 2006 | private lawsuit-federal | $6,000,000 |
| Norddeutsche Landesbank Girozentrale | Norddeutsche Landesbank | employment discrimination | 2008 | private lawsuit-federal | $2,618,600 |
| 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 |
| Willis Group | Willis Towers Watson | employment discrimination | 2011 | private lawsuit-federal | $11,595,038 |
| Willis Group | Willis Towers Watson | employment discrimination | 2008 | private lawsuit-federal | $12,757,949 |
| Liberty Mutual Insurance | Liberty Mutual Insurance | employment discrimination | 2000 | private lawsuit-state | $348,111 |
| Ocwen Financial | Ocwen Financial | employment discrimination | 2005 | private lawsuit-state | $2,000,000 |
| State Farm Mutual Insurance Company | State Farm Insurance | employment discrimination | 2013 | private lawsuit-state | $657,403 |
| Wells Fargo Advisors, LLC | Wells Fargo | wage and hour violation | 2018 | private lawsuit-federal | $9,500,000 |
| M&T Bank Corporation | M&T Bank | wage and hour violation | 2018 | private lawsuit-federal | $2,490,000 |
| Allstate Insurance Company | Allstate | wage and hour violation | 2018 | private lawsuit-state | $5,500,000 |
