Deutsche Bank to Ban Texts and Messaging Apps

It will apparently apply not only to corporate-owned devices but also personal handsets.

Phil Muncaster

German banking giant Deutsche Bank is banning the use of any mobile phone-based messaging which can’t be monitored by the lender, in a bid to improve compliance efforts.

The new policy was communicated to employees in a memo last Friday, signed by chief operating officer Kim Hammonds and chief regulatory officer, Sylvie Matherat.

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