Page 42 - Bank Case Studies

Appendix 4

Table 4 Overview of monetary sanctions Libor and Euribor fraud Bank
Sanction received
Sanction imposed by (authority)
Barclays $710 million U.S. Department of Justice
$342 million Federal Reserve
£344 million UK FCA
$485 million New York State Department of
$400 million Financial Services
€0 (immunity due to leniency CFTC
program Euribor)54 European Commission
Citigroup $925 million U.S. Department of Justice
$342 million Federal Reserve
£226 million FCA
€70 million European Commission
JPMorgan $550 million U.S. Department of Justice
$342 million Federal Reserve
£222 million FCA
€80 million European Commission
Royal Bank of Scotland $395 million U.S. Department of Justice
$274 million Federal Reserve
£304 million FCA
€391 million European Commission
UBS $203 million U.S. Department of Justice
$342 million Federal Reserve
£394 million FCA
€0 (immunity due to leniency European Commission
program Libor)56
Bank of America $205 million Federal Reserve
Rabobank €774 million U.S., UK, and Dutch regulators
Deutsche Bank £227 million FCA
€725 million European Commission
Société Générale €228 million European Commission
RPMartin £630.000 FCA
€0.2 million European Commission
HSBC £216 million FCA
Still under investigation by EC European Commission
Credit Agricole Still under investigation by EC European Commission
ICAP £14 million FCA
Still under investigation by EC European Commission