this post was submitted on 08 Aug 2023
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Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach::Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

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[–] demonquark@lemmy.ml 3 points 1 year ago

Fines as a percentage of revenue. A big percentage. That’ll stop this nonsense.