Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$344,899,848,624
Number of Records: 
6,989
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$82,898,016,192264
JPMorgan Chase$36,107,446,133199
Citigroup$25,540,645,217156
Wells Fargo$21,881,892,841222
Deutsche Bank$18,341,457,30276
UBS$16,854,318,334101
Goldman Sachs$16,399,485,79387
NatWest Group PLC$13,515,546,85731
BNP Paribas$12,148,363,95019
Credit Suisse$10,732,400,12649


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 Typesort icon Year Agency Penalty Amount
E*Trade Group, Inc. Morgan Stanley benefit plan administrator violation 2008 EBSA $50,001
FRED ALGER & COMPANY, INCORPORATED Alger Associates benefit plan administrator violation 2007 EBSA $50,001
FIRST FINANCIAL BANCORP First Financial Bancorp. benefit plan administrator violation 2007 EBSA $50,001
FRED ALGER & COMPANY, INCORPORATED Alger Associates benefit plan administrator violation 2006 EBSA $10,001
HORACE MANN SERVICE CORPORATION Horace Mann Educators Corp. benefit plan administrator violation 2006 EBSA $10,001
LAVA TRADING INC. Citigroup benefit plan administrator violation 2006 EBSA $50,001
AMERICAN INTERNATIONAL GROUP INC GROUP LIFE & MEDICAL INSURANCE PLAN American International Group benefit plan administrator violation 2005 EBSA $50,001
Wachovia National Bank, N.A. Wells Fargo benefit plan administrator violation 2000 EBSA $30,000,000
Harris N.A. Bank of Montreal benefit plan administrator violation 2007 EBSA $274,600
Bank of Hawaii Bank of Hawaii benefit plan administrator violation 2009 EBSA $2,500,000
Independent Bank Independent Bank Corp. (Michigan) benefit plan administrator violation 2011 EBSA $95,700
Merrill Lynch, Pierce, Fenner & Smith Inc. Bank of America benefit plan administrator violation 2011 EBSA $170,854
Morgan Keegan and Co. Inc. Raymond James Financial benefit plan administrator violation 2012 EBSA $633,715
ING Life Insurance and Annuity Co. Voya Financial benefit plan administrator violation 2013 EBSA $5,200,000
Western Asset Management Company Franklin Resources benefit plan administrator violation 2014 EBSA $21,000,000
Bank of New York Mellon Bank of New York Mellon benefit plan administrator violation 2015 EBSA $84,000,000
Invesco Trust Company Invesco benefit plan administrator violation 2016 EBSA $10,270,000
OCWEN FINANCIAL CORPORATION Ocwen Financial benefit plan administrator violation 2018 EBSA $10,001
FleetBoston Financial Corp Bank of America benefit plan administrator violation 2008 private lawsuit-federal $83,401,000
J.P. Morgan Chase Retirement Plan JPMorgan Chase benefit plan administrator violation 2010 private lawsuit-federal $604,957
SunTrust Banks, Inc. Truist Financial benefit plan administrator violation 2018 private lawsuit-federal $4,750,000
Washington Mutual Inc. JPMorgan Chase benefit plan administrator violation 2010 private lawsuit-federal $49,000,000
Washington Mutual Pension Plan JPMorgan Chase benefit plan administrator violation 2010 private lawsuit-federal $20,000,000
Marsh & McLennan Companies, Inc. Marsh & McLennan benefit plan administrator violation 2010 private lawsuit-federal $35,000,000
Bank of America Corp Bank of America benefit plan administrator violation 2011 private lawsuit-federal $21,000,000
U.S. Bank Pension Plan U.S. Bancorp benefit plan administrator violation 2012 private lawsuit-federal $9,600,000
First Horizon National Corporation First Horizon National benefit plan administrator violation 2012 private lawsuit-federal $6,000,000
Regions Financial Corp. Regions Financial benefit plan administrator violation 2014 private lawsuit-federal $22,500,000
United Community Banks, Inc. United Community Banks Inc. benefit plan administrator violation 2013 private lawsuit-federal $3,500,000
Flagstar Bancorp, Inc. Flagstar Bancorp benefit plan administrator violation 2013 private lawsuit-federal $3,000,000
ING Life Insurance & Annuity Co. Voya Financial benefit plan administrator violation 2014 private lawsuit-federal $14,950,000
Nationwide Life Insurance Nationwide benefit plan administrator violation 2015 private lawsuit-federal $140,000,000
State Street Corporation State Street Corp. benefit plan administrator violation 2014 private lawsuit-federal $10,000,000
Prudential Insurance Prudential Financial benefit plan administrator violation 2014 private lawsuit-federal $39,100,000
TIAA-CREF TIAA benefit plan administrator violation 2014 private lawsuit-federal $22,800,000
American International Group, Inc. American International Group benefit plan administrator violation 2015 private lawsuit-federal $40,000,000
Northern Trust Investments, N.A. Northern Trust benefit plan administrator violation 2015 private lawsuit-federal $36,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America benefit plan administrator violation 2017 private lawsuit-federal $25,000,000
Liberty Mutual Retirement Benefit Plan Liberty Mutual Insurance benefit plan administrator violation 2018 private lawsuit-federal $30,000,000
Deutsche Bank Americas Holding Corp. Deutsche Bank benefit plan administrator violation 2019 private lawsuit-federal $21,900,000
Merrill Lynch Bank of America benefit plan administrator violation 2012 private lawsuit-federal $10,000,000
JPMorgan Chase Bank, N.A. JPMorgan Chase benefit plan administrator violation 2012 private lawsuit-federal $150,000,000
Bear Stearns Companies, Inc. JPMorgan Chase benefit plan administrator violation 2012 private lawsuit-federal $10,000,000
Fannie Mae Fannie Mae benefit plan administrator violation 2010 private lawsuit-federal $7,250,000
Merrill Lynch & Co., Inc. Bank of America benefit plan administrator violation 2009 private lawsuit-federal $75,000,000
Countrywide Financial Corporation Bank of America benefit plan administrator violation 2009 private lawsuit-federal $55,000,000
Wells Fargo Bank N.A. Wells Fargo benefit plan administrator violation 2014 private lawsuit-federal $62,500,000
Wells Fargo & Company Wells Fargo benefit plan administrator violation 2011 private lawsuit-federal $17,500,000
Wells Fargo & Company Wells Fargo benefit plan administrator violation 2015 private lawsuit-federal $7,420,000
Wachovia Corporation Wells Fargo benefit plan administrator violation 2011 private lawsuit-federal $12,350,000
Wachovia Securities Wells Fargo benefit plan administrator violation 2009 private lawsuit-federal $1,005,000
Citigroup, Inc. Citigroup benefit plan administrator violation 2019 private lawsuit-federal $6,900,000
Citigroup Inc. Citigroup benefit plan administrator violation 2014 private lawsuit-federal $8,500,000
Metropolitan Life MetLife benefit plan administrator violation 2012 private lawsuit-federal $350,000
American International Group, Inc. American International Group benefit plan administrator violation 2008 private lawsuit-federal $24,200,000
New York Life Insurance New York Life Insurance benefit plan administrator violation 2008 private lawsuit-federal $14,000,000
New York Life Insurance Company New York Life Insurance benefit plan administrator violation 2017 private lawsuit-federal $3,000,000
Teachers Insurance and Annuity Insurance Association of America TIAA benefit plan administrator violation 2017 private lawsuit-federal $5,000,000
Massachusetts Mutual Life Insurance Co. Massachusetts Mutual Life Insurance benefit plan administrator violation 2016 private lawsuit-federal $30,900,000
Massachusetts Mutual Life Insurance Co. Massachusetts Mutual Life Insurance benefit plan administrator violation 2015 private lawsuit-federal $9,475,000
St Paul Travelers Companies Inc. Travelers benefit plan administrator violation 2007 private lawsuit-federal $4,450,000
Hartford Financial Services Group Inc. Hartford Financial Services benefit plan administrator violation 2012 private lawsuit-federal $1,935,000
Hartford Life Insurance Company Hartford Financial Services benefit plan administrator violation 2010 private lawsuit-federal $13,775,000
Bank of New York Mellon Corporation Bank of New York Mellon benefit plan administrator violation 2015 private lawsuit-federal $335,000,000
Bank of New York Mellon Corporation Bank of New York Mellon benefit plan administrator violation 2009 private lawsuit-federal $2,200,000
Principal Life Insurance Company Principal Financial benefit plan administrator violation 2015 private lawsuit-federal $3,000,000
Ameriprise Financial, Inc. Ameriprise Financial benefit plan administrator violation 2015 private lawsuit-federal $27,500,000
State Street Bank And Trust Co. State Street Corp. benefit plan administrator violation 2010 private lawsuit-federal $89,750,000
State Street Corporation State Street Corp. benefit plan administrator violation 2016 private lawsuit-federal $60,000,000
UNUM Life Insurance Company of America Unum benefit plan administrator violation 2010 private lawsuit-federal $5,000,000
Fifth Third Bancorp Fifth Third Bancorp benefit plan administrator violation 2016 private lawsuit-federal $6,000,000
Wilmington Trust Corp. M&T Bank benefit plan administrator violation 2014 private lawsuit-federal $3,000,000
Northern Trust Northern Trust benefit plan administrator violation 2006 private lawsuit-federal $37,500,000
AXA Equitable Life Insurance Company Equitable Holdings benefit plan administrator violation 2011 private lawsuit-federal $2,500,000
Allianz Asset Management of America, L.P. Allianz benefit plan administrator violation 2018 private lawsuit-federal $12,000,000
HSBC Bank USA HSBC benefit plan administrator violation 2005 private lawsuit-federal $9,350,000
Farmers Group, Inc. Zurich Insurance benefit plan administrator violation 2012 private lawsuit-federal $6,850,000
UBS Global Asset Management UBS benefit plan administrator violation 2006 private lawsuit-federal $5,493,000
Aon Corporation Aon benefit plan administrator violation 2010 private lawsuit-federal $1,800,000
Popular, Inc. Popular Inc. benefit plan administrator violation 2012 private lawsuit-federal $8,200,000
Comerica Incorporated Comerica benefit plan administrator violation 2013 private lawsuit-federal $11,000,000
Comerica Incorporated Comerica benefit plan administrator violation 2007 private lawsuit-federal $2,020,000
FMR LLC Fidelity Investments benefit plan administrator violation 2014 private lawsuit-federal $12,000,000
Household International HSBC benefit plan administrator violation 2004 private lawsuit-federal $46,500,000
Huntington Bancshares Inc. Huntington Bancshares benefit plan administrator violation 2011 private lawsuit-federal $1,450,000
ING Groep N.V. Voya Financial benefit plan administrator violation 2013 private lawsuit-federal $3,500,000
LaSalle Bank Bank of America benefit plan administrator violation 2011 private lawsuit-federal $13,500,000
MBNA Corp. Bank of America 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
National City Corp. PNC Financial Services benefit plan administrator violation 2010 private lawsuit-federal $43,000,000
Providian Financial Corp. JPMorgan Chase benefit plan administrator violation 2003 private lawsuit-federal $8,600,000
Sterling Financial Corporation Umpqua Holdings benefit plan administrator violation 2013 private lawsuit-federal $3,025,000
Transamerica Corporation Aegon benefit plan administrator violation 2016 private lawsuit-federal $3,800,000
Ambac Financial Group, Inc. Ambac Financial benefit plan administrator violation 2012 private lawsuit-federal $2,550,000
OCWEN FINANCIAL CORPORATION Ocwen Financial benefit plan administrator violation 2019 EBSA $10,001
BB&T Corporation Truist Financial benefit plan administrator violation 2019 private lawsuit-federal $24,000,000
Horizon Healthcare Services, Inc. Horizon Healthcare Services benefit plan administrator violation 2016 private lawsuit-federal $33,000,000
Old Second Bancorp, Inc. Old Second Bancorp benefit plan administrator violation 2013 private lawsuit-federal $7,500,000
Prudential Insurance Company Of America Prudential Financial benefit plan administrator violation 2019 private lawsuit-federal $9,000,000
Wilmington Trust N.A. M&T Bank benefit plan administrator violation 2017 private lawsuit-federal $29,773,250
Edward D. Jones & Co., L.P. Jones Financial benefit plan administrator violation 2019 private lawsuit-federal $3,175,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)