Joshua, whose surname is being withheld for job-security concerns, says he’s so used to being tracked, he often forgets about it. “Investment banking in general operates under paranoia: the data we have is so sensitive that a disgruntled employee could do real damage.” Although he’s never explicitly been told he’s monitored, Joshua explains it’s a given in his industry; UK regulatory law requires financial firms to have a compliance monitoring programme. In the US, financial institutions are mandated to keep a record of all work-related communications.
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