JPMorgan employees reportedly ‘panicking’ over orders to save text messages

Bankers at JPMorgan are “panicking” over recent orders from the megabank to save all of their work-related text messages — even if they were tapped out on personal devices and apps.

The company is asking bankers, traders, and financial advisers to review messages on personal devices dating back to the beginning of 2018 and save any text that mentions work and every text to colleagues, according to a report. The Wall Street giant headed by Jamie Dimon is even ordering the rank and file to scour their texts on encrypted apps like WhatsApp and WeChat that aren’t “tethered to work-surveillance systems,” according to a Bloomberg report (paywall).