Royal Bank of Scotland (NWG 1.03%), Citigroup (C -0.69%), and Barclays (BCS -0.22%) are getting rid of some trader chat rooms. In this segment of The Motley Fool's financials-focused show, Where the Money Is, financial analysts Matt Koppenheffer and David Hanson discuss these decisions.
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Are These Banks Making the Right Move?
NYSE: C
Citigroup

Some Wall Street banks, like Citigroup, Royal Bank of Scotland, and Barclays are banning chat rooms.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he was the GM of Motley Fool Ascent, led The Motley Fool Deutschland, and has been an investor on various Fool services. Matt is a heavy user of AI tools and is working on harnessing them to help Fool members.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Citigroup and Barclays PLC (ADR). The Motley Fool owns shares of Citigroup. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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