(Bloomberg) --

Credit Suisse Group AG, Deutsche Bank AG and UBS Group AG aren’t expecting a hit to third-quarter earnings after agreeing to pay fines in the U.S. related to a probe into unauthorized messaging apps.

Deutsche Bank confirmed that it won’t see any impact on results due next month in a statement on Wednesday. The two Swiss banks have also largely set aside enough cash to cover the fine, people with knowledge of the matter said.

The Securities & Exchange Commission on Tuesday announced charges against 15 broker-dealers and one affiliated investment adviser to resolve regulatory investigations over their employees’ use of messaging applications that broke record-keeping rules. The US regulator issued the banks and brokerages to pay more than $1.1 billion in fines. 

Credit Suisse, Deutsche Bank and UBS were among a group of eight banks that agreed to pay penalties of $125 million each to the SEC in the probe and an additional $75 million to the Commodity Futures Trading Commission.

Several banks involved in the probe had already disclosed provisions to cover the expected fines at the time of second-quarter results. 

Representatives for Credit Suisse and UBS declined to comment. 

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