Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$313,053,740,827
Number of Records: 
2,796
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$82,630,515,262182
JPMorgan Chase$34,503,944,885135
Citigroup$24,980,998,56297
Deutsche Bank$17,970,400,77851
Wells Fargo$17,296,835,949136
UBS$16,756,803,33165
Royal Bank of Scotland$13,349,520,00025
Goldman Sachs$13,139,380,98737
Credit Suisse$10,394,957,62629
BNP Paribas$9,892,332,95016


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.
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Company Parent Primary Offense Type Year Agency Penalty Amountsort icon
Banc One Investment Advisors Corporation JPMorgan Chase securities issuance or trading violation 2004 SEC $50,000,000
Massachusetts Financial Services Company Sun Life Financial securities issuance or trading violation 2004 SEC $50,000,000
Morgan Stanley DW Inc. Morgan Stanley investor protection violation 2003 SEC $50,000,000
Societe Generale S.A. Societe Generale toxic securities abuses 2017 USAO $50,000,000
Wachovia Bank N.A. Wells Fargo anti-money-laundering deficiencies 2010 USAO $50,000,000
Rabobank, National Association Rabobank anti-money-laundering deficiencies 2018 OCC $50,000,000
Morgan Stanley Morgan Stanley wage and hour violation 2009 private lawsuit-federal $50,000,000
ICAP Capital Markets LLC ICAP interest rate benchmark manipulation 2018 CFTC $50,000,000
Waddell & Reed, Inc. Waddell & Reed Financial Inc. investor protection violation 2006 SEC $50,000,000
Great American Life Insurance Company American Financial Group consumer protection violation 2009 MN-AG $50,000,000
JPMorgan Chase JPMorgan Chase consumer protection violation 2015 CA-AG $50,000,000
Willis Group Holdings Ltd. Willis Towers Watson price-fixing or anti-competitive practices 2005 NY-AG $50,000,000
Wells Fargo Wells Fargo consumer protection violation 2016 CA-LACA $50,000,000
Goldman Sachs Goldman Sachs financial institution supervision failures 2015 NY-DFS $50,000,000
MetLife MetLife insurance violation 2014 NY-DFS $50,000,000
Royal Bank of Scotland Royal Bank of Scotland economic sanction violation 2013 NY-DFS $50,000,000
Washington Mutual Inc. JPMorgan Chase benefit plan administrator violation 2010 private lawsuit-federal $49,000,000
JPMorgan Chase Bank, National Association JPMorgan Chase banking violation 2016 OCC $48,000,000
Credit Suisse (Hong Kong) Limited Credit Suisse Foreign Corrupt Practices Act 2018 DOJ_CRIMINAL $47,029,916
Nelnet Inc. Nelnet False Claims Act and related 2010 DOJ_CIVIL $47,000,000
Household International HSBC benefit plan administrator violation 2004 private lawsuit-federal $46,500,000
Regions Bank Regions Financial banking violation 2014 FED $46,000,000
American International Group, Inc. American International Group investor protection violation 2004 SEC $46,000,000
Morgan Stanley Morgan Stanley employment discrimination 2007 private lawsuit-federal $46,000,000
Spear, Leeds & Kellogg Specialists LLC Goldman Sachs securities issuance or trading violation 2004 SEC $45,272,478
Citibank Citigroup consumer protection violation 2016 CFPB $45,000,000
Salomon Smith Barney Inc. Morgan Stanley securities issuance or trading violation 2000 SEC $45,000,000
UBS UBS wage and hour violation 2007 private lawsuit-federal $45,000,000
Fred Alger Management, Inc. Alger Associates securities issuance or trading violation 2007 NY-AG (*) $45,000,000
Merrill Lynch & Co. Bank of America investor protection violation 2013 NJ-AG $45,000,000
PHH Mortgage Corp. Ocwen Financial mortgage abuses 2018 MULTI-AG $45,000,000
Fireman's Fund Insurance Company Allianz False Claims Act and related 2015 DOJ_CIVIL $44,000,000
RBS Securities Inc. Royal Bank of Scotland toxic securities abuses 2017 USAO $44,000,000
UBS UBS wage and hour violation 2007 private lawsuit-federal $44,000,000
ConvergEx Group LLC Cowen Inc. fraud 2014 DOJ_CRIMINAL $43,800,000
Merrill Lynch Bank of America wage and hour violation 2010 private lawsuit-federal $43,500,000
National City Corp. PNC Financial Services benefit plan administrator violation 2010 private lawsuit-federal $43,000,000
Industrial and Commercial Bank of China Financial Services LLC Industrial and Commercial Bank of China investor protection violation 2019 SEC $42,700,000
Morgan Stanley Morgan Stanley wage and hour violation 2006 private lawsuit-federal $42,500,000
JPMorgan Chase JPMorgan Chase wage and hour violation 2011 private lawsuit-federal $42,000,000
Merrill Lynch, Pierce, Fenner & Smith Bank of America investor protection violation 2018 SEC $42,000,000
Bank of America Merrill Lynch Bank of America investor protection violation 2018 NY-AG $42,000,000
RBS Financial Products Royal Bank of Scotland toxic securities abuses 2012 NV-AG $42,000,000
Countrywide Financial Corporation Bank of America mortgage abuses 2009 WI-AG $41,100,000
ABN AMRO Mortgage Group ABN AMRO mortgage abuses 2006 HUD $41,000,000
Deutsche Bank AG Deutsche Bank anti-money-laundering deficiencies 2017 FED $41,000,000
State Farm Mutual Insurance Company State Farm Insurance consumer protection violation 2005 MULTI-AG $41,000,000
Putnam Investment Management, LLC Power Financial Corporation investor protection violation 2005 SEC $40,000,001
ABN AMRO Bank, N.V. ABN AMRO economic sanction violation 2006 OFAC $40,000,000
Fred Alger Management, Inc. Alger Associates securities issuance or trading violation 2007 SEC $40,000,000
Goldman, Sachs & Co. Goldman Sachs securities issuance or trading violation 2005 SEC $40,000,000
Morgan Stanley & Co. Morgan Stanley securities issuance or trading violation 2005 SEC $40,000,000
AmSouth Bancorporation Regions Financial fraud 2004 USAO $40,000,000
American International Group, Inc. American International Group benefit plan administrator violation 2015 private lawsuit-federal $40,000,000
MetLife MetLife consumer protection violation 2012 MULTI-AG $40,000,000
Nationwide Insurance Nationwide consumer protection violation 2008 MS-AG $40,000,000
SunTrust Mortgage Inc. Truist Financial mortgage abuses 2014 MULTI-AG (*) $40,000,000
Standard Chartered Bank Standard Chartered foreign exchange market manipulation 2019 NY-DFS $40,000,000
Prudential Insurance Prudential Financial benefit plan administrator violation 2014 private lawsuit-federal $39,100,000
Wachovia Securities Wells Fargo wage and hour violation 2009 private lawsuit-federal $39,000,000
Citibank N.A. Citigroup securities issuance or trading violation 2018 SEC $38,700,000
Paymap Inc. Western Union consumer protection violation 2015 CFPB $38,400,000
Merrill Lynch Bank of America employment discrimination 2013 private lawsuit-federal $38,225,000
The Bank of New York Bank of New York Mellon anti-money-laundering deficiencies 2005 USAO $38,000,000
Washington Mutual Bank JPMorgan Chase wage and hour violation 2009 private lawsuit-federal $38,000,000
BMO Harris Financial Advisors Inc. and BMO Asset Management Corp. Bank of Montreal investor protection violation 2019 SEC $37,980,000
Flagstar Bank Flagstar Bancorp consumer protection violation 2014 CFPB $37,500,000
TD Bank, National Association Toronto-Dominion Bank banking violation 2013 OCC $37,500,000
Northern Trust Northern Trust benefit plan administrator violation 2006 private lawsuit-federal $37,500,000
Zurich American Insurance Company et al. Zurich Insurance False Claims Act and related 2010 NY-AG $37,500,000
UniCredit S.p.A. UniCredit economic sanction violation 2019 OFAC (*) $37,316,322
Everbank TIAA banking violation 2013 OCC $37,000,000
Wachovia Corporation Wells Fargo investor protection violation 2004 SEC $37,000,000
Merrill Lynch Bank of America wage and hour violation 2006 private lawsuit-federal $37,000,000
Deutsche Bank Securities, Inc. Deutsche Bank investor protection violation 2016 NY-AG (*) $37,000,000
Goldman Sachs Group Goldman Sachs banking violation 2016 FED $36,300,000
Barclays Bank PLC Barclays toxic securities abuses 2013 MA-AG $36,100,000
Banc of America Securities LLC Bank of America price-fixing or anti-competitive practices 2010 SEC $36,096,442
Bank of America Bank of America wage and hour violation 2016 private lawsuit-federal $36,000,000
Northern Trust Investments, N.A. Northern Trust benefit plan administrator violation 2015 private lawsuit-federal $36,000,000
Bank of America Bank of America False Claims Act and related 2001 AK-AG $35,600,000
Wells Fargo Advisors Wells Fargo employment discrimination 2017 private lawsuit-federal $35,500,000
State Street Bank and Trust Company State Street Corp. investor protection violation 2017 SEC $35,300,000
Banca IMI Securities Corp. Intesa Sanpaolo investor protection violation 2017 SEC $35,300,000
National City Bank and its successor PNC Bank PNC Financial Services banking violation 2013 CFPB $35,000,000
HSBC Bank USA, National Association HSBC banking violation 2016 OCC $35,000,000
Citibank, N.A. Citigroup banking violation 2015 OCC $35,000,000
Capital One Bank (USA), National Association Capital One Financial banking violation 2012 OCC $35,000,000
JPMorgan Chase Bank, National Association JPMorgan Chase banking violation 2011 OCC $35,000,000
Lender Processing Services Inc. Fidelity National Financial mortgage abuses 2013 DOJ_CRIMINAL $35,000,000
Barclays Capital Inc. Barclays investor protection violation 2016 SEC $35,000,000
OppenheimerFunds Inc. Invesco investor protection violation 2012 SEC $35,000,000
Royal Bank of Canada Royal Bank of Canada securities issuance or trading violation 2014 CFTC $35,000,000
Wells Fargo Bank Wells Fargo banking violation 2016 OCC $35,000,000
H&R Block H&R Block wage and hour violation 2012 private lawsuit-federal $35,000,000
Marsh & McLennan Companies, Inc. Marsh & McLennan benefit plan administrator violation 2010 private lawsuit-federal $35,000,000
Barclays Capital Inc. Barclays investor protection violation 2016 NY-AG $35,000,000
UBS Financial Services, Inc. and UBS Securities LLC UBS toxic securities abuses 2008 MA-AG $35,000,000
AIG American International Group insurance violation 2014 NY-DFS $35,000,000
WEX Bank and Higher One, Inc. WEX Inc. banking violation 2015 FDIC $34,980,000
Wells Fargo Wells Fargo consumer protection violation 2015 CFPB $34,800,000
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