Wall Street Acting in Clients’ Best Interests? Forget About It
It's only when clients ask for financial advice that banks owe a fiduciary duty to them -- and these activities contribute just a tiny portion of banks' revenue.
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Wall Street Acting in Clients' Best Interests? Forget About It originally appeared on DailyFinance on Fri, 07 May 2010 11:57:00.
Filed Under: Investing, Goldman Sachs , Bank of America