BP and Natwest among top 10 firms hit with biggest number of fines

Posted By : Rina Latuperissa
2 Min Read

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BP and Natwest among the top 10 companies slapped with the biggest number of fines since 2000

BP and Natwest are among the top ten companies slapped with the biggest number of fines since 2000.

In that time, energy giant BP has faced 236 fines worth £20.6billion, most of which were driven by the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. This was the most fines of any firm on the list. 

BP and Natwest among top 10 firms hit with biggest number of fines

Paying the price: BP has faced 236 fines worth £20.6billion, most of which were driven by the Deepwater Horizon oil spill in the Gulf of Mexico in 2010

The FTSE 100 oil group came third in the ranking, compiled by Diggity Marketing, behind only Bank of America and JP Morgan, two of the US investment banks associated with the toxic lending that led to the global financial crisis. 

Natwest, formerly known as Royal Bank of Scotland, came in tenth, with 27 levies worth £9.5billion. 

Other firms in the listing include Swiss lender UBS and German car maker Volkswagen, whose reputation has been hit by the Dieselgate emissions cheating scandal. 

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