 | « Back to article | Print this article |
Five banks slapped with biggest fines in the world
American regulators have started imposing fines and settlements on banks related to mortgage activities.
Let's take a look at five banks that have been slapped with biggest fines and settlements.
Source: The Economist
Click NEXT to read more...
Five banks slapped with biggest fines in the world
Bank of America
Total fine and settlements: $47.2 billion
Overall rank in fine and settlements: 1
Bank of America, which employs more than 262,812 people, posted revenue of $83.33 billion in 2012.
Note: This $47.2 billion figure includes fines imposed on Countrywide and Merrill Lynch, divisions of Bank of America.
Click NEXT to read more...
Five banks slapped with biggest fines in the world
JPMorgan Chase
Total fine and settlements: $22.3 billion
Overall rank in fine and settlements: 2
JPMorgan Chase, which employs more than 258,965 people, posted revenue of $97.03 billion in 2012.
Click NEXT to read more...
Five banks slapped with biggest fines in the world
Wells Fargo
Total fine and settlements: $9.8 billion
Overall rank in fine and settlements: 3
Wells Fargo, which employs more than 269,200 people, posted revenue of $86.08 billion in 2012.
Click NEXT to read more...
Five banks slapped with biggest fines in the world
Citigroup
Total fine and settlements: $6.2 billion
Overall rank in fine and settlements: 4
Citigroup, which employs more than 259,000 people, posted revenue of $70.17 billion in 2012.
Click NEXT to read more...
Five banks slapped with biggest fines in the world
Goldman Sachs
Total fine and settlements: $900 million
Overall rank in fine and settlements: 5
Goldman Sachs, which employs more than 31,700 people, posted revenue of $34.16 billion in 2012.