Today news
About the same in other media
Goldman Sachs, Morgan Stanley, UBS set to face $1bn fines over banned messaging app use by traders
Reading now: 623
Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200m each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regulatory requirements, according to people familiar with the matter.
The total amount of fines will likely top $1bn, the people said, and will be announced by the end of September. The roster of banks poised to pay $200m each includes Bank of America, Barclays, Citigroup, Deutsche Bank, Goldman Sachs, Morgan Stanley and UBS, the people said.
Jefferies and Nomura are...
Read more on fnlondon.comAbout this in other media
DeFi can take a hint from traditional finance to lower risks, says ex-Morgan Stanley exec cointelegraph.com /1 year ago
Goldman Sachs scraps Covid-19 protocols fnlondon.com /1 year ago
Baidu claims its robotaxis have grabbed 10% of the ride-hailing market in a suburb of Beijing cnbc.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Terra Classic [LUNC] traders must pave way for bulls after this proposal](https://fvbb.com/storage/thumbs_400/img/2022/9/17/40607_tms.jpg)
