Violation Tracker Individual Record

Company: 
Banamex USA
Current Parent Company: 
Citigroup
Penalty: 
$140,000,000
Year: 
2015
Date: 
July 22, 2015
Primary Offense: 
banking violation
Secondary Offense: 
anti-money-laundering deficiencies
Violation Description: 

The Federal Deposit Insurance Corporation announced the assessment of a civil money penalty of $140 million against Banamex USA, Century City, California, for violations of the Bank Secrecy Act and anti-money laundering laws and regulations.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Federal Deposit Insurance Corporation
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.