Comment on JPMorgan Chase to pay $264 million in Chinese bribery case

JPMorgan Chase to pay $264 million in Chinese bribery case

JPMorgan Chase & Co. has agreed to pay $264.4 million in fines to federal authorities to settle charges that it hired friends and relatives of Chinese officials in order to gain access to banking deals in that country.  JPMorgan's Asia affiliate allegedly created a quid pro quo program that would...

 

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