The scrutiny of how banks and brokerages treated their customers during an era of high interest rates is heating up just as that era draws to a close.
) were hit with lawsuits in recent days by customers alleging they were shortchanged on the interest due from idle cash.
Even during the current period of higher interest rates, menial interest on cash sweeps can mean a lot for a big bank.
Cash Sweep Jpmorgan Chase Interest Rates Idle Cash Raymond James Banks Robert Finkel
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