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    Industry News: ESG5

      Goldman Sachs, Morgan Stanley, UBS Facing $1bn in Fines Over Banned Messaging App Use by Traders

      Aug 26, 2022 8:30:00 AM

      2022-08-22

      Reporter Wings: 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.

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      Topics:North America

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