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Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach::Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

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Banks Hit with Millions in Fines for Using Signal and WhatsApp

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42 comments
  • Chump change for banks. Cost of doing business already sitting with the accounts team.

  • And made $5 billion on the deal. I imagine it’s like “oh right, now we have to pay off the regulators, I mean the fine.”

42 comments