Violation Tracker Individual Record
Company:
Barclays Capital Inc.
Current Parent Company:
Barclays
Penalty:
$325,000,000
Year:
2015
Date:
October 19, 2015
Offense Group:
financial offenses
Primary Offense:
toxic securities abuses
Violation Description:
The National Credit Union Administration announced an agreement with Barclay's Capital for $325 million to resolve claims arising from losses related to purchases of faulty residential mortgage-backed securities by corporate credit unions.
Level of Government:
federal
Action Type:
agency action
Agency:
National Credit Union Administration
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.
