1. $1.9 billion, HSBC – HSBC was fined for money laundering activities tied to drug cartels in Mexico and terror-linked groups in Saudi Arabia in December 2012. .
2. $667 million, Standard Chartered – Standard Chartered was levied the fine on August and December 2012 for violating U.S. sanctions on transactions with Iran, Burma, Libya and Sudan.
3. $619 million, ING Group – In June 2012. ING Group was charged for covering up fund transfers in violation of U.S. sanctions against Cuba and Iran.
4. $536 million, Credit Suisse – Swiss banking giant Credit Suisse was penalized for allowing clients in Iran, Libya, Sudan, Myanmar and Cuba to conduct financial transactions.
5. $470 million, Barclays – Barclays Banking Group faced the fine for rigging the Californian electricity market in November 2012.
6. $450 million, Barclays – The group was charged for manipulating bank Libor rates in June 2012.
7. $350 million, Lloyds TSB Group – Allowing Iranian and Sudanese clients access to the U.S. banking system cost Lloyds TSB Group the hefty sum in January 2009.
8. $335 million, Bank of America – Bank of America was fined in February 2012 for charging discriminatory lending rates to African American and Latino borrowers.
9. $298 million, Barclays – Barclays was fined earlier in August 2010 for allowing client payments from Cuba and Sudan.
10. $275 million, JPMorgan Chase – In February 2012, JPMorgan Chase was levied for problems in its mortgage servicing business.
11. $233 million, Royal Bank of Scotland – The Royal Bank of Scotland was forced to pay the amount in June 2012 for manipulating bank Libor rates.
12. $207 million, Ally Financial – Ally Financial, based at the Renaissance Center in Detroit, Michigan, was also charged in February 2012 for problems in mortgage servicing business.