Wealth and Asset Management
JP Morgan's Wealthy Asset Management Clients Left to Figure How Much Bank's Self- Dealing Cost Them
Recently JPMorgan Chase & Co. reached a settlement with Indiana securities regulators related to its asset management business. The firm agreed to pay $950,000 to settle claims that the bank failed to disclose conflicts of interest to wealthy clients. The Indiana settlement involved JPMorgan’s failure between 2008 and 2014 to…
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