Violation Tracker Individual Record

Company: 
Barclays Bank PLC
Current Parent Company: 
Barclays
Penalty: 
$36,100,000
Year: 
2013
Date: 
September 9, 2013
Primary Offense: 
toxic securities abuses
Violation Description: 

Barclays Bank PLC agreed to pay $36.1 million to settle allegations that it financed, purchased, and securitized residential loans that were presumptively unfair under Massachusetts law.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Massachusetts Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Massachusetts
HQ Country of Parent: 
Britain
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
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.