Goldman Sachs (GS), Morgan Stanley (MS), Bank of America (BAC), Citigroup (C): Wall Street banks were hit with $1.8 billion in fines Tuesday tied to probes into how the firms failed to monitor employee use of unauthorized messaging apps. The Securities and Exchange Commission announced 16 firms, including Goldman Sachs, Citigroup, Bank of America and Morgan Stanley, will pay $1.1 billion in fines. The Commodity Futures Trading Commission announced fines against 11 banks totaling $710…
Source link
