Bank fines in 2020

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

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Key findings

...

Total aggregated
bank fines in 2020

€3.3B

The largest fine was issued to Goldman Sachs

U.S.

Has the most
bank fines - 12

AML

The most common violation
Anti-money laundering breaches

Bank Fines Ranked

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

Ranked by total per country

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

Methodology

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.

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