Britain fined 45 firms or individuals, the lowest since 2009, but the average payment jumped to 10.5 million pounds, almost double a year ago and nine times the average of 2011.
Tracey McDermott, the British regulator's head of enforcement and financial crime, said firms had been told they needed to take a long term view about how to serve customers and markets and the fines levied were part of achieving that goal.
"The financial services industry has to move on from a culture where it rewards revenue generation above all else," she said.
Few other European countries levied fines. The Swiss financial regulator brought in 6.1 million Swiss francs ($6.8 million) from the disgorgement of profits from two cases, and the Dutch Public Prosecutor fined Rabobank 70 million euros ($95 million) alongside a settlement with U.S. and U.K. authorities for the manipulation of Libor.
Rabobank's payouts showed how countries differ. The bank paid out 774 million euros in fines—three-quarters sent to U.S. regulators, 16 percent sent to Britain and 9 percent was for its home regulator.
(Read more: Banks could sue over Target breach)
Payments in the United States are swelled by the large number of watchdogs involved, including national authorities such as Fannie Mae and Freddie Mac, the National Credit Union Administration (NCUA) and the energy market regulator, as well as individual states.
JPMorgan's mortgage bond settlement, for example, included a $2 billion civil penalty with the Justice Department, $1.4 billion to the NCUA, $4 billion in relief for consumers, and payouts to five states, including $299 million for California and $20 million for Delaware.
Its U.S. rivals Bank of America and Wells Fargo have also paid out billions of dollars and European rivals UBS, Deutsche Bank and Royal Bank of Scotland have also had hefty U.S. fines.