Violation Tracker Parent Company Summary
Parent Company Name:
Citigroup
Ownership Structure:
publicly traded (ticker symbol C)
Headquartered in:
New York
Major Industry:
financial services
Specific Industry:
banking & securities
Penalty total since 2000:
$25,454,366,764
Number of records:
125
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| financial offenses | $21,812,615,483 | 73 |
| competition-related offenses | $1,760,060,000 | 6 |
| consumer-protection-related offenses | $1,747,261,699 | 27 |
| employment-related offenses | $125,405,835 | 10 |
| miscellaneous offenses | $9,000,000 | 5 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
|---|---|---|
| toxic securities abuses | $8,768,250,000 | 9 |
| investor protection violation | $8,095,660,135 | 35 |
| mortgage abuses | $2,360,975,000 | 4 |
| banking violation | $2,234,543,378 | 13 |
| consumer protection violation | $1,743,299,699 | 23 |
Notes:
Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below 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. The totals 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 list below.
Links:
For an overview of this company's accountability track record, read its Corporate Rap Sheet here.
Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.
For an overview of assistance this company is receiving under the CARES Act, see its Covid Stimulus Watch summary page here.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
| Company | Primary Offense Type | Year |
Agency |
Penalty Amount |
|---|---|---|---|---|
| Citigroup | wage and hour violation | 2017 | private lawsuit-federal | $1,080,000 |
| Citigroup | wage and hour violation | 2017 | private lawsuit-federal | $325,000 |
| Citigroup | wage and hour violation | 2015 | private lawsuit-federal | $4,650,000 |
| Citigroup Global Markets | wage and hour violation | 2011 | private lawsuit-federal | $394,220 |
| Citigroup | wage and hour violation | 2008 | private lawsuit-federal | $98,000,000 |
| Citigroup | wage and hour violation | 2006 | private lawsuit-federal | $3,550,000 |
| Citigroup, Inc. | benefit plan administrator violation | 2019 | private lawsuit-federal | $6,900,000 |
| Citigroup Inc. | benefit plan administrator violation | 2014 | private lawsuit-federal | $8,500,000 |
| Citigroup Global Markets, Inc. | investor protection violation | 2010 | AK-DBS | $150,507 |
| Citigroup Global Markets, Inc. | investor protection violation | 2015 | AK-DBS | $35,000 |
| CitiMortgage, Inc. | consumer protection violation | 2014 | AR-SEC | $20,000 |
| Citibank NA | export control violation | 2018 | BIS | $60,000 |
| Citibank | consumer protection violation | 2008 | CA-AG | $3,500,000 |
| Citibank | consumer protection violation | 2002 | CA-AG | $1,600,000 |
| CitiMortgage, Inc. | consumer protection violation | 2019 | CA-DFPI | $7,800,000 |
| Citibank | consumer protection violation | 2016 | CFPB | $7,890,000 |
| Citibank | consumer protection violation | 2016 | CFPB | $45,000,000 |
| Citibank N.A. | consumer protection violation | 2015 | CFPB | $733,800,000 |
| CitiFinancial Servicing and CitiMortgage, Inc. | consumer protection violation | 2017 | CFPB | $28,800,000 |
| Citibank N.A. | consumer protection violation | 2017 | CFPB | $6,000,000 |
| Citibank, N.A. | consumer protection violation | 2018 | CFPB | $335,000,000 |
| Citigroup | interest rate benchmark manipulation | 2016 | CFTC | $175,000,000 |
| Citibank | interest rate benchmark manipulation | 2016 | CFTC | $250,000,000 |
| Citibank | interest rate benchmark manipulation | 2014 | CFTC | $310,000,000 |
| Citigroup | investor protection violation | 2012 | CFTC | $525,000 |
| Citigroup Private Bank GP, Inc. | data submission deficiencies | 2009 | CFTC | $100,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2017 | CFTC | $25,000,000 |
| Citibank N.A. | data submission deficiencies | 2017 | CFTC | $550,000 |
| Citibank N.A. | investor protection violation | 2020 | CFTC | $4,500,000 |
| Citibank N.A. | privacy violation | 2013 | CT-AG | $55,000 |
| Citigroup Global Markets Inc. | consumer protection violation | 2009 | CT-BKG | $75,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2015 | CT-SEC | $35,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2009 | DE-AG | $309,000 |
| Citigroup Inc. | toxic securities abuses | 2014 | DOJ | $7,000,000,000 |
| Citigroup Inc. | mortgage abuses | 2012 | DOJ | $2,202,000,000 |
| Citicorp | foreign exchange market manipulation | 2015 | DOJ_CRIMINAL | $925,000,000 |
| Banamex USA | anti-money-laundering deficiencies | 2017 | DOJ_CRIMINAL | $97,440,000 |
| CitiFinancial Credit Company | Servicemembers Civil Relief Act | 2017 | DOJ_RIGHTS | $907,000 |
| Citibank N.A. | bankruptcy professional violation | 2018 | DOJ_UTP | $5,000,000 |
| Banamex USA | banking violation | 2015 | FDIC | $140,000,000 |
| CITIGROUP INC. | banking violation | 2015 | FED | $342,000,000 |
| Citigroup Inc. | banking violation | 2012 | FED | $22,000,000 |
| Citigroup Inc. | banking violation | 2004 | FED | $70,000,000 |
| Citigroup | banking violation | 2018 | FED | $8,600,000 |
| Citimortgage Inc. and Citibank N.A. | toxic securities abuses | 2013 | FHFA | $395,000,000 |
| Citigroup | toxic securities abuses | 2013 | FHFA | $968,000,000 |
| CitiFinancial, Inc. | consumer protection violation | 2003 | FL-OFR | $8,199 |
| Citigroup Inc. | consumer protection violation | 2002 | FTC | $215,000,000 |
| Citibank | consumer protection violation | 2014 | HI-AG | $2,825,000 |
| CitiMortgage, Inc. | consumer protection violation | 2006 | HUD | $650,000 |
| Citigroup Global Markets, Inc. | investor protection violation | 2010 | IN-SEC | $692,000 |
| Citigroup | mortgage abuses | 2015 | MA-AG | $675,000 |
| Citigroup | toxic securities abuses | 2008 | MA-AG | $20,000,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2012 | MA-SEC | $2,000,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2013 | MA-SEC | $30,000,000 |
| Citigroup Global Markets, Inc. | investor protection violation | 2010 | MO-SEC | $277,500 |
| Ameriquest Mortgage | consumer protection violation | 2006 | MULTI-AG | $325,000,000 |
| Citibank | consumer protection violation | 2002 | MULTI-AG | $1,600,000 |
| Citibank | interest rate benchmark manipulation | 2018 | MULTI-AG | $100,000,000 |
| Citigroup | mortgage abuses | 2012 | MULTI-AG | (*) $413,041,577 |
| Citigroup Global Markets, Inc. and Citi Smith Barney | investor protection violation | 2008 | MULTI-AG | $7,100,000,000 |
| Citigroup Inc. | toxic securities abuses | 2014 | MULTI-AG | (*) $291,750,000 |
| Citibank | consumer protection violation | 2021 | MULTI-AG | $4,200,000 |
| Citifinancial | housing program violation | 2010 | MULTI-FIN | $1,250,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2010 | MULTI-FIN | (*) $100,000,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2003 | MULTI-FIN | (*) $150,000,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2015 | MULTI-FIN | $1,965,000 |
| Citigroup | toxic securities abuses | 2011 | NCUA | $20,500,000 |
| CitiFinancial, Inc. | consumer protection violation | 2007 | NE-DBF | $81,500 |
| Citigroup Global Markets Inc. | investor protection violation | 2015 | NH-BSR | $35,000 |
| Citigroup Global Markets Inc. | investor protection violation | 2009 | NJ-AG | $3,300,932 |
| CITIGROUP | environmental violation | 2010 | NJ-ENV | $6,000 |
| Citibank | consumer protection violation | 2007 | NY-AG | $2,000,000 |
| Citibank | illegal gambling business | 2002 | NY-AG | $100,000 |
| Citigroup Global Markets, Inc. | consumer protection violation | 2014 | NY-AG | $16,000,000 |
| Citigroup Global Markets, Inc. | consumer protection violation | 2015 | NY-AG | $4,500,000 |
| Citigroup Global Markets, Inc. | investor protection violation | 2017 | NY-AG | $23,500,000 |
| Citigroup | discriminatory practices (non-employment) | 2001 | NY-DFS | $1,000,000 |
| Citicorp Insurance Agency, Inc., Citicorp Investment Services, and SBHU Life Agency, Inc. | insurance violation | 2010 | NY-DFS | $2,000,000 |
| Citigroup, Inc. | accounting fraud or deficiencies | 2003 | NY-MANDA | $25,000,000 |
| Citibank, N.A. | banking violation | 2015 | OCC | $35,000,000 |
| Citibank, National Association | banking violation | 2014 | OCC | $350,000,000 |
| Citibank | banking violation | 2013 | OCC | $793,492,868 |
| Citibank N.A. | anti-money-laundering deficiencies | 2018 | OCC | $70,000,000 |
| Citibank N.A. | banking violation | 2017 | OCC | $452,000 |
| Citibank, N.A. | banking violation | 2019 | OCC | $25,000,000 |
| Citibank, N.A. | banking violation | 2019 | OCC | $30,000,000 |
| Citibank, N.A. | banking violation | 2020 | OCC | $17,998,510 |
| Citibank, National Association | banking violation | 2020 | OCC | $400,000,000 |
| Citigroup, N. A. | economic sanction violation | 2008 | OFAC | $16,250 |
| Citibank | economic sanction violation | 2004 | OFAC | $5,500 |
| Citicorp Vendor Finance Ltd | economic sanction violation | 2004 | OFAC | $7,379 |
| Citigroup Inc. | economic sanction violation | 2014 | OFAC | $217,841 |
| CITIMORTGAGE, INC. | workplace safety or health violation | 2007 | OSHA | $5,097 |
| CITICORP CREDIT CARD SERVICES, INC. (USA) | workplace safety or health violation | 2014 | OSHA | $7,650 |
| CITIBANK, N.A. | workplace safety or health violation | 2010 | OSHA | $5,000 |
| Citigroup Global Markets | investor protection violation | 2015 | SEC | $15,000,000 |
| Citigroup Global Markets Inc. and Citigroup Alternative Investments LLC | investor protection violation | 2015 | SEC | $180,000,000 |
| Citigroup | toxic securities abuses | 2011 | SEC | $285,000,000 |
| Citigroup Inc. | toxic securities abuses | 2010 | SEC | $75,000,000 |
| Citigroup Global Markets | data submission deficiencies | 2016 | SEC | $7,000,000 |
