November 17, 2016 BY LeapRate Staff

JP Morgan hit with $264 million SEC fine for corrupt hiring practices in Asia-Pacific region

The U.S. Securities and Exchange Commission (SEC) has announced that JPMorgan Chase & Co. (NYSE:JPM) has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region by giving jobs and internships to their relatives and friends in violation of…

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