Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: JPMorgan Chase
Current Parent CompanyJPMorgan Chase
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $53,000,000
Year: 2017
Date: January 20, 2017
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Secondary Offense: mortgage abuses
Mega-ScandalDiscriminatory Lending Practices
Violation Description: The United States Attorney for the Southern District of New York filed and settled a federal civil rights lawsuit against JPMorgan Chase alleging discrimination on the basis of race and national origin in the conduct of its wholesale lending business, in violation of the Fair Housing Act and the Equal Credit Opportunity Act.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Southern District of New York
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.