Violation Tracker Individual Record
Company:
Banamex USA
Current Parent Company:
Citigroup
Penalty:
$140,000,000
Year:
2015
Date:
July 22, 2015
Offense Group:
financial offenses
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 of Data:
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.
