Bank management Royal Bank of Scotland made a decision to prohibit its traders from chatting with persons, not working in the bank. Number of banks, who have banned their employees from chatting is increasing.
Trading staff are prohibited from chatting or using other messaging programs with competitors, clients, brokers and companies, trading in securities. And communication within the bank will be strictly regulated and limited by software for internal use..
Such chats have long come under the scrutiny of regulators amid a number of high-profile cases of large-scale manipulations in the foreign exchange market., as well as interest rates. Among banks, closed access to group chats Deutsche Bank, Barclays, Citigroup и Royal Bank of Scotland. Bank traders could negotiate with each other and provide incorrect data, which influenced the money market rates as, as necessary for the traders themselves.
One of the first banks, who closed access to chats with other banks, стал Barclays, who took this step at the end of last year. Citi closed chats two months ago, and two weeks ago I began to study the situation JPMorgan.
