Banking’s super highly regulated for good reason. It’s an inherently risky business built on borrowing short (I.E. your depositors can “call” their deposits at

Banking’s super highly regulated for good reason. It’s an inherently risky business built on borrowing short (I.E. your depositors can “call” their deposits at any time (see Silicon Valley Bank for a recent example of depositors calling short)) to lend long (E.G. a 30 year mortgage). Considering 2008, the recent LIBOR scandal, and all the fines levied against large financial institutions for having bankers communicate at all for work purposes outside of captured communication lines (e.g. WhatsApp, Signal, text messages) of course everything a bank employee does on company time is regulated. The SEC is watching as best they can the fundamental liquidity providers of the world’s largest economies. Because when they fail, failures spread, and shit goes chaotic really quick. But if they’re not there in the first place all the money that makes our world go around doesn’t… keep moving and everything slows down. You can argue whether or not we should be slowing down as a species or whatever but that’s a different argument and orthogonal to the conversation. Banking’s highly regulated, and incredibly onerous about tracking all communications for discovery. If you’re a banker, you don’t have the luxury of mixing private and personal communications on the same devices.