Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: ROYAL BANK OF SCOTLAND PLC
Current Parent Company: NatWest Group PLC
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $274,000,000
Year: 2015
Date: May 20, 2015
Offense Group: financial offenses
Primary Offense: banking violation
Violation Description: The Federal Reserve announced it will impose fines totaling more than $1.8 billion against six major banking organizations for their unsafe and unsound practices in the foreign exchange markets.
Level of Government: federal
Action Type: agency action
Agency: Federal Reserve
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: government-owned
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
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.