Big banks expected to fine more than $1 billion for utilization of WhatsApp

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Banking giants like JPMorgan Chase & Co and Bank of America collectively face more than $1 billion for tools.

Collected a fine of more than $200 million from JP Morgan Chase & C.

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Morgan Stanley agree to pay a amount of $125 million to SEC and $75 millions to  CFTC.

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 Bank of America determined more than $200 million to unauthorized electronic messaging.

Goldman Sachs is in "edge conversations" with the SEC and CFTC to determine the examination, it said in its second-quarter recording.

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Barclays PLC have to pay more than $200 million to U.S. regulators.

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Credit Suisse Group AG said that we have to pay about $200 million for record-keeping rules.

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UBS Group said US controllers were researching business interchanges at banks and other monetary organizations.

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