The Bank Fines 2020 report reveals the list of banks that faced the biggest fines in 2020. Fines were imposed by regulators for breaches of different protocols like Anti-Money Laundering (AML), violation of Know Your Customer (KYC) and operating guidelines, personal data leaks, among others.
Last updated on January 11th, for the period of January 1st, 2020 - December 31st, 2020
Total aggregated
bank fines in 2020
The largest fine was issued to Goldman Sachs
Has the most
bank fines - 12
The most common violation
Anti-money laundering breaches
Please note that due to varying exchange rate the amounts might differ slighly, to see the original currency in which fine was issued click "Read" button in the violation column of the table. (Last updated on January 11th, 2021)
|
Rank |
Country |
Bank |
Fine |
Source |
Violation |
|---|
Please note that due to varying exchange rate the amounts might differ slighly
(Last updated on January 11th, 2021).
|
Rank |
Country |
Fine Total |
Fine Count |
|---|
Data gathering by Finbold.com analysts; Only fines higher than 500k EUR are included; the real numbers of violations can be drastically higher; Last updated on January 11th, for the period of January 1st, 2020 - December 31st, 2020
The 2020 figures may change if additional bank fines are found or reported by the regulators in 2021 for the previous period.
Learn more about leading financial institutions by reading our banking guides