JPMorgan Chase & Co. is boosting its online investing service with free trades for customers, a move that sent the world of online brokerages into disarray on Tuesday. The bank is trying to bring in more first-time investors, like millennials, as well as bank customers who invest elsewhere. JPMorgan’s move could accelerate the pricing war buffeting rivals like TD Ameritrade Holding Corp. and Charles Schwab Corp., which have already been cutting fees in a fierce competition for customers. Fintech startups offering low-fee...

Source: Wall Street Journal August 21, 2018 15:45 UTC