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Violation Tracker Individual Record

Company: Barclays Capital, Inc.
Current Parent Company: Barclays
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $2,000,000,000
Year: 2018
Date: March 29, 2018
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Secondary Offense: investor protection violation
Mega-Scandal: Toxic Securities
Violation Description: The United States reached agreement with Barclays Capital, Inc. and several of its affiliates related to Barclays' underwriting and issuance of residential mortgage-backed securities between 2005 and 2007. Barclays agreed to pay the United States $2 billion in civil penalties in exchange for dismissal of the Amended Complaint.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Eastern District of New York
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.