HSBC Under Investigation in U.S. Over WhatsApp Use
- Bank co-operating with CFTC probe into business communications
- Comes after JPMorgan fined for messages outside work systems
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HSBC Holdings Plc is being investigated by U.S. regulators over bankers’ misuse of services such as WhatsApp.
The London-based bank is co-operating with the Commodity Futures Trading Commission probe into the use of “non-HSBC approved messaging platforms for business communications,” according to its annual report published alongside earnings on Tuesday.