Chase Manhattan Corp. has agreed to stop sharing financial information about its credit card and mortgage customers with outside marketing firms as part of a settlement announced Tuesday by the New York State Attorney General's Office.
New York's attorney general said in a statement that Chase shared personal customer information - including credit lines and account balances - with outside marketing firms.
The outside firms used the information to solicit Chase customers by phone or mail, and Chase received a commission on business transactions between the marketing firms and Chase customers.
Visit the New York State Attorney General's site for more information on the settlement with Chase Manhattan Bank
- Liz Moyer