In another chapter of Wall Street looking out for its own profits rather than its customers’ needs, JPMorgan Chase & Co. (NYSE:JPM) is the latest story. From a New York Times report by Suzanne Craig and Jessica-Silver Greenberg, they wrote that after the financial crisis, former JPMorgan financial advisers said they were “encouraged” sometimes to choose selling the bank’s own mutual fund products over the ones of competitors that had either better-performing or less expensive options....
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