Major Bank Fines and Settlements for Sanctions Violations (2008–2018)

1. Lloyds TSB agrees to $350 million forfeiture

   Jan 9, 2009Labels: Lloyds TSB

   • DOJ
   • OFAC 2009

2. Credit Suisse reaches $536 million global settlement

   Dec 16, 2009Labels: Credit Suisse

   • Treasury
   • OFAC 2009

3. OFAC announces $217 million Lloyds sanctions settlement

   Dec 22, 2009Labels: OFAC, Lloyds TSB

   • Treasury
   • OFAC 2009

4. Barclays resolves sanctions case with $298 million payment

   Aug 18, 2010Labels: Barclays

   • OFAC
   • OFAC 2010

5. JPMorgan Chase settles with OFAC for $88.3 million

   Aug 25, 2011Labels: JPMorgan Chase

   • CNBC
   • Bloomberg

6. ING Bank enters $619 million OFAC sanctions settlement

   Jun 12, 2012Labels: ING Bank, OFAC

   • Treasury
   • Wiley

7. Standard Chartered enters $327 million combined sanctions settlement

   Dec 10, 2012Labels: Standard Chartered

   • Treasury
   • CNBC

8. HSBC reaches $1.9 billion combined sanctions and AML resolution

   Dec 11, 2012Labels: HSBC

   • Treasury
   • DOJ

9. Treasury announces $963 million BNP Paribas OFAC settlement

   Jun 30, 2014Labels: BNP Paribas, OFAC

   • Treasury
   • CNBC

10. BNP Paribas reaches $8.9 billion combined sanctions settlement

    Jul 1, 2014Labels: BNP Paribas

    • CNBC
    • Treasury

11. Commerzbank settles sanctions and AML matters for $1.452 billion

    Mar 12, 2015Labels: Commerzbank

    • Commerzbank
    • OFAC 2015

12. Société Générale agrees to $1.34 billion sanctions penalties

    Nov 19, 2018Labels: Soci t

    • CNBC
    • DavisPolk