A Bank of America storefront. Getty Images Wall Street banks have been fined for not monitoring how staff use their phones to talk about work. The offences involved employees ranging senior executives to debt and equity traders. The SEC issued $1.1 billion in fines while the CFTC issued $710 million, ...
See Details: Wall Street banks including Bank of America and Goldman Sachs fined $1.8 billion over failures in monitoring how staff used personal phones to talk about work