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Join the Securities Litigation and Enforcement Group on LinkedInWall Street Texting Habit Sticks Banks With Rare $1 Billion Bill – Bloomberg
Regulators are poised to extract about $1 billion in fines from the five biggest US investment banks for failing to monitor employees using unauthorized messaging apps. Morgan Stanley disclosed on Thursday that it expects to pay a $200 million fine, the same amount JPMorgan Chase & Co. paid as authorities use that settlement as a […]