To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...
Cash sweep account options have long been a source of contention. These programs, used by major broker-dealers as a short holding place for client cash that is between investments, are often ...
Long maligned by investors, cash sweep accounts that offer very low interest rates have been getting hit from all sides of late, whether it’s in the form of lawsuits, regulatory fines or the exodus of ...
You might not think about the idle cash in your brokerage account very often. But behind the scenes, your money may be earning your brokerage company a lot more interest than it is earning you. Cash ...
U.S. District Judge Lorna Schofield in Manhattan allowed customers to press claims that JPMorgan breached deposit-account ...
If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account ...
Bank savers are on a roll these days, with many certificates of deposit, money market accounts and high-yield savings accounts offering around 5% returns due to a high-interest-rate environment. The ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
By Jonathan Stempel NEW YORK, Feb 13 (Reuters) - JPMorgan Chase must face part of a proposed class action lawsuit accusing ...
The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients ...
In a ruling filed yesterday in the Southern District of New York, Judge Lorna A. Schofield dismissed all of the claims against parent company JPMorgan Chase, determining that the customers had a ...
Imagine signing up to a market-leading internet provider, only to discover sometime later that not only were other companies offering better deals, but your provider hadn’t exactly broken its back to ...
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