Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach - eviltoast

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.

  • NeoNachtwaechter@lemmy.world
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    1 year ago

    Don’t need no logarithm :-)

    Just 1% of their worldwide year’s revenue for each day when the offence is/was happening.