Are These Banks Making the Right Move?

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

NYSE: C

Citigroup

Market Cap

$146B

Today's Change

(2.07%) $1.59

Current Price

$78.26

Price as of June 6, 2025, 4:00 p.m. ET

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

Royal Bank of Scotland (NWG 1.12%), Citigroup (C 2.07%), and Barclays (BCS 1.90%) 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.

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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