Violation Tracker Individual Record

Royal Bank of Scotland plc
Current Parent Company: 
NatWest Group PLC
May 20, 2015
Offense Group: 
competition-related offenses
Primary Offense: 
foreign exchange market manipulation
Violation Description: 

Citicorp, JPMorgan Chase & Co., Barclays PLC, and The Royal Bank of Scotland plc agreed to plead guilty to conspiring to manipulate the price of U.S. dollars and euros exchanged in the foreign currency exchange spot market and the banks agreed to pay criminal fines totaling more than $2.5 billion.

Level of Government: 
Action Type: 
agency action
Justice Department Criminal Division
Civil or Criminal Case: 
HQ Country of Parent: 
United Kingdom
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.