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Are These Banks Making the Right Move?

Some Wall Street banks, like Citigroup, Royal Bank of Scotland, and Barclays are banning chat rooms.

By Matt Koppenheffer and David Hanson – Nov 22, 2013 at 6:00PM EST

Royal Bank of Scotland (RBS +5.19%), Citigroup (C 0.32%), and Barclays (BCS +5.15%) 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.

Read Next

About the Author

Matt Koppenheffer
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.
TMFKopp
X@KoppTheFool

Stocks Mentioned

Citigroup Stock Quote
Citigroup
NYSE: C
$127.52
(-0.39%)-$0.50
NatWest Group Plc Stock Quote
NatWest Group Plc
NYSE: NWG
$15.61
(+5.19%)+$0.77
Barclays Stock Quote
Barclays
NYSE: BCS
$24.02
(+5.21%)+$1.19

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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