Recidivist Banks

In today's New York Times, Ben Protess and Jessica Silver-Greenberg described new investigations of banks that had already settled prosecutions in the recent past - or they thought they had.  New investigations raise a looming question whether recidivist banks will be treated differently or will have prior prosecution agreements scrapped.  So far, that has not happened. On Tuesday, UBS, which has settled three agreements with prosecutors in the past five years, had its non-prosecution agreement related to the Libor probe extended for another year - UBS was apparently not found to have violated its terms.  Which banks have been repeatedly prosecuted over the last decade?  The Times cited to some of my data, developed in Too Big to Jail, describing how since 2001, "at least eight banks" have committed further offenses having entered an agreement with prosecutors.  

Below is a list of those financial institutions that have entered more than one agreement with federal prosecutors from 2001 - present, with the type of agreement (deferred or non-prosecution or plea) and year in parenthesis.  You can view the entire collection of such prosecution agreements here and here.  Or click below on the links to read these particular prosecution agreements :

AIG (2 subsidiaries entered DPA/NPAs in 2004) (NPA 2006)

Barclays (DPA 2010) (NPA 2012

Credit Suisse (DPA 2009) (Plea Agreement 2014)

HSBC (NP 2001) (DPA 2012)

JPM (NP 2011) (DPA, 2014)

Lloyds  (DP 2009) (DPA, 2014)

UBS (DPA 2009) (NPA 2011) (NPA 2012 - now extended for another year)

Wachovia (DPA 2010) (NPA 2011