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JPMorgan said to be settling bribery case over hiring in China

Bank even created spreadsheets in its "Sons and Daughters" programme that tracked its hires to specific clients - and its ability to convert those hires into business deals

New York

AFTER more than three years of digging into JPMorgan Chase's hiring practices in China, US federal authorities have determined that the bank hired the children of Chinese leaders as part of a quid pro quo to win business in the booming nation, clearing the way for a costly...

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