Violation Tracker Individual Record
Company:
BANK OF AMERICA CORPORATION
Current Parent Company:
Bank of America
Penalty:
$205,000,000
Year:
2015
Date:
May 20, 2015
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 Parent:
USA
HQ State of Parent:
North Carolina
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking
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.