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More leading names disclose messaging app discussions with US regulators

Image of a mobile phone showing some apps
Photo by Matt Cardy/Getty Image

Several US financial services firms disclose their ongoing discussions with US regulators over employees’ use of messaging apps.

Wells Fargo and Société Générale (SocGen) disclosed in their recent quarterly earnings reports that they are in talks with two US regulators to settle investigations into their employees’ use of messaging applications that might have broken recordkeeping rules.

Wells Fargo said the “Securities and