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Violation Tracker Individual Record

Company: Barclays Bank PLC
Current Parent Company: Barclays
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $36,100,000
Year: 2013
Date: September 9, 2013
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Secondary Offense: investor protection violation
Mega-Scandal: Toxic Securities
Violation Description: Barclays Bank PLC agreed to pay $36.1 million to settle allegations that it financed, purchased, and securitized residential loans that were presumptively unfair under Massachusetts law.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
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.