Traders Using Private Messaging Apps Could Now Cost Big Banks Almost US$1 Billion Settlement

The giants of the banking institutions are expected to settle with the US Securities and Exchange Commission and the Commodity and Futures Trading Commission related to the agencies’ investigation into the use of banned private messaging apps like Whatsapp by the banks’ traders. According to people familiar with the matter, the total settlement could possibly … Continue reading Traders Using Private Messaging Apps Could Now Cost Big Banks Almost US$1 Billion Settlement