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FBN’s Cheryl Casone with news that JPMorgan is being sued for allegedly pushing clients to in-house funds, plus an afternoon markets update.
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I'm Cheryl -- with your Fox Business -- JPMorgan Chase is reportedly being sued by a brokerage customer.
Over its marketing a proprietary funds according to Reuters the lawsuit claims the banking giants their customers to invest -- JPMorgan's own.
Underperforming unsuitable funds -- efforts to boost fees and profit the -- is seeking class action status and comments story is punitive damages.
International Monetary Fund has lowered its global growth outlook for the next two years to act that says here.
Financial crisis slowed expansion in China and India and within the world economy.
And Barbara Morgan Stanley top strategist Barton Biggs has died.
The banking giant's chief executive James Gorman confirmed -- definite -- -- employees a spokesman for the banks is fixed -- after a short illness.
He's got a Morgan Stanley estimates back and that is 75 to 79 years old.
That's -- -- in the Fox Business Network giving you the power to prosper and.
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