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...

Topics:  jpmorgan chase    co   chinese    jpmorgan's asia   pay million   
BING NEWS:
  • JPM | JPMorgan Chase & Co. Annual Balance Sheet
    1 Day JPM 1.40% DJIA 0.32% S&P 500 0.48% Financial Services -0.18% ...
    05/13/2024 - 1:00 pm | View Link
  • Lake Zurich resident loses $1.58 million to scammers posing as Chinese police
    A Lake Zurich resident lost more than $1.5 million through a scheme in which they were tricked into sending money to someone posing as a member of Chinese law enforcement, police said Monday. The ...
    05/6/2024 - 7:14 am | View Link
  • JP Morgan Chase expects $100 million civil penalty linked to trading data completeness
    Latest development follows news from March which saw the firm face $350 million worth of fines and civil money penalties for inadequacies in its firm and client trade reporting program between 2014 ...
    05/2/2024 - 12:32 am | View Link
  • JPMorgan Chase to Pay $100 Million to US Regulator Over Trade Reporting Gaps
    (Reuters) - JPMorgan Chase expects to enter into a resolution with a third U.S. regulator that will require it to pay a civil penalty of $100 million for reporting incomplete trading data to ...
    05/1/2024 - 9:39 am | View Link
  • Who Owns JPMorgan Chase?
    Chase Bank isn't Chinese-owned. Its parent company is JPMorgan Chase, which is headquartered in New York City and trades on the NYSE. However, JPMorgan Chase has done business in China since 1921.
    04/23/2024 - 10:31 pm | View Link
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