Violation Tracker UK Individual Case

Company: DB UK Bank Limited dba DB Mortgages
Current Parent Company: Deutsche Bank
Penalty: £840,000
Year: 2010
Date: 15 December, 2010
Offence Group: financial offences
Offence Type: mortgage abuses
Violation Description: DB Mortgages paid a £840,000 fine in settlement of a finding by the FSA that the company had irresponsible lending practices and unfair treatment of customers in arrears.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
HQ Country of Parent: Germany
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking & securities
Source of Data: (click here)