JP Morgan Chase is being investigated by US authorities over claims the bank hired the children of influential Chinese officials to secure business in the country, the New York Times reported Saturday.
Illustration: The entrance to the JP Morgan Chase World Headquarters on Park Avenue in July 13, 2012. US authorities are investigating claims the bank hired children of influential Chinese officials to secure business in the country.
The Times reported on its website, citing a confidential United States government document, that a bribery investigation had been opened to study the allegations.
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