JPMorgan Chase to pay $264m in Chinese bribery case

JPMorgan Chase has agreed to pay $264.4m in fines to US federal authorities over claims it bribed Chinese officials.

JPMorgan Chase to pay $264m in Chinese bribery case
Thu, 17 Nov, 2016 - 19:03

JPMorgan Chase has agreed to pay $264.4m in fines to US federal authorities over claims it bribed Chinese officials.

The deal will settle charges that it hired friends and relatives of Chinese officials in order to gain access to banking deals in that country.

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