JPMorgan uses its might to cut costs in credit card market
 

JPMorgan uses its might to cut costs in credit card market
NEW YORK (Reuters) - JPMorgan Chase & Co. is cutting prices for a group of its credit card customers and getting Visa Inc to shoulder at least some of the burden of the lost revenue, underscoring how the largest U.S. bank's size can help it hang onto business in fiercely competitive markets.


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