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Bank is the latest to get ahead of regulatory probes into unauthorised messaging

Online Editor

HSBC has become the latest bank to crack down on unauthorised messaging by disabling the text function on staff work phones, according to reports.

Amid regulatory probes into traders and dealmakers conducting business outside formal work channels and away from the oversight of watchdogs, HSBC has blocked the SMS function on staff devices, 

Justin Cash

HSBC

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