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.
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.
As much as I dislike giant corporations greetings fines on the scale of “cost of doing business”. I think it is disingenuous to compare net worth and yearly salary, they are not equal. We should be comparing yearly earnings or profits. But I do agree that the fine should still be larger and jail time should be on the table.