ChinaFile Recommends
11.18.16JPMorgan Chase Paying $264 Million to Settle Allegations of Nepotism in China
NPR
The bank isn't being formally charged, but by agreeing to pay the fines, it brings a three-year investigation by the U.S. government to a close
ChinaFile Recommends
05.21.14Ex JPMorgan China banker questioned in HK
Financial Times
Hong Kong authorities have interviewed Fang Fang, JPMorgan Chase’s former head of investment banking in China, as they investigate government bribery allegations.
ChinaFile Recommends
02.25.14Wall Street Girds for China Bribery Probe as IPOs Beckon
Bloomberg
Wall Street hiring in Asia is under increasing scrutiny after a U.S. criminal investigation into whether JPMorgan Chase & Co. employed children of China’s elite in violation of anti-bribery laws.
ChinaFile Recommends
02.10.14Chinese Official Made Job Plea to JP Morgan Chase Chief
New York Times
The episode underscores the dual forces driving JPMorgan and other Wall Street banks to hire the family and friends of China’s ruling elite. The banks sought to build good will with Chinese officials, who, in turn, expected favors from the banks...
ChinaFile Recommends
09.05.13Blood and Money
Economist
Of all the investigations and lawsuits affecting financial firms in America, few have wider ramifications than a reported probe by the S.E.C. into whether JPMorgan Chase hired the children of senior Chinese officials in order to help the bank win...
ChinaFile Recommends
08.27.13Hiring in China by J.P. Morgan Under Scrutiny
Deal Book
Federal authorities have opened a bribery investigation into whether J.P. Morgan Chase hired the children of powerful Chinese officials to help the bank win lucrative business in the booming nation.