Violation Tracker Individual Record
Company:
Barclays Bank PLC
Current Parent Company:
Barclays
Penalty:
$280,000,000
Year:
2014
Date:
April 24, 2014
Offense Group:
financial offenses
Primary Offense:
toxic securities abuses
Violation Description:
The Federal Housing Finance Agency announced a settlement with Barclays Bank PLC resolving alleged violations of federal and state securities laws in connection with private-label mortgage-backed securities purchased by Fannie Mae and Freddie Mac during 2005-2007.
Level of Government:
federal
Action Type:
agency action
Agency:
Federal Housing Finance Agency
Civil or Criminal Case:
civil
HQ Country of Parent:
United Kingdom
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.