HSBC in ‘Final Stages’ of WhatsApp Probe Settlement Talks in US
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HSBC Holdings Plc is close to reaching a deal with US regulators over its employees’ use of unofficial messaging services like WhatsApp to conduct business, according to the bank.
The London-based lender said the investigations by the Commodity Futures Trading Commission and the Securities and Exchange Commission had reached “settlements in principle” that were now subject to final approval by the regulators.