Investment banks sweat the medium

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 90%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Investment banks like Goldman Sachs and JPMorgan have strict policies around bankers using encrypted apps, but bankers can still turn to WhatsApp for immediate needs.

No, your investment banker isn’t ignoring your WhatsApp. They’re probably just not allowed to respond to it.

Some bankers are frustrated at not being able to use WhatsApp more freely as it is an easy way to communicate with clients overseas.began in March last year over the use of personal mobile phones and apps like Meta-owned WhatsApp. Many on Wall Street were forced to hand over their phones to their employers for inspection.

Regulators have argued unauthorised apps allow bankers to skirt around rules requiring them to preserve business records, which have made it harder to weed out nefarious behaviour like insider trading or the sharing of confidential information.While it is almost a year since financial institutions implemented more water-tight policies around using messaging apps, not being able to chat business on WhatsApp or Signal still rankles many Australian bankers working for global firms.

One banker who works on cross-border initial public offerings out of New York told us he can no longerwith bankers when they are doing deals together. And gone is the peace of mind offered by the standard encryption tech encoded in most such apps.Bankers can message clients on WhatsApp for immediate communication needs, like if they are running late for a planned meeting.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 2. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Ongoing investment is ‘needed’ due to energy market transitionOngoing investment is “needed” to support the Australian economy during its energy market transition, according to Australian Energy Council Chief Executive Sarah McNamara. “We’re well on our way to net zero by 2050, but over the next decade, we know we’re going to see around 13 per cent of our existing capacity to depart,” she told Sky News Australia. “Now what the market operator does in his annual report … is it only deals with committed projects, so where we see reliability gaps in the future, AEMO is not taking account of pipeline projects that aren’t yet fully committed.” Ya. It’s called nuclear. ⚛ Yeah, investment from our superannuation funds. Hands off our super!!! Not one green renewable project in last 20 years has been successful, all have failed and so will Bowen and labor’s teals and green renewables fail , they are already costing billions but failing, under Bowen22.000 solar panel s needed each day for 7 years to get to net zero !
Источник: SkyNewsAust - 🏆 7. / 78 Прочитайте больше »

Anthony Albanese to flag additional military investment ahead of landmark defence reviewThe PM will set the scene for the Defence Strategic Review and announce plans to host a cybersecurity roundtable next week
Источник: GuardianAus - 🏆 1. / 98 Прочитайте больше »

Senator demands Labor ensures Alice investment is not wastedSouth Australian Liberal Senator Kerrynne Liddle has raised concerns over the $250 million investment into Central Australia warning the Commonwealth and Territory Governments against politicising the growing crisis in the region. For the first time in our history, our founding document will be tilted in favour of one group of Australians depending on their race. The Voice will drive a wedge between Indigenous peoples and divide Aussies by race. It will be a dividing line through the heart of our nation.
Источник: SkyNewsAust - 🏆 7. / 78 Прочитайте больше »

Sydney Sixers legend Steve O’Keefe sells Lennox Head investment home for $975,000 - realestate.com.auSydney Sixers legend Steve O'Keefe has been making significant inroads into the property market away from cricket. 👇
Источник: dailytelegraph - 🏆 21. / 51 Прочитайте больше »