ICAC searches JP Morgan outging CEOs office.

Closed Thread
  1. #1

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,971

    ICAC searches JP Morgan outging CEOs office.

    Saw this on twitter and Bloomberg.


    Hong Kong’s ICAC Said to Search Outgoing JPMorgan CEO’s Office -@BloombergNews bloom.bg/1mA72s6#jpmorgan

    Last edited by shri; 21-05-2019 at 10:42 AM.

  2. #2

    Join Date
    Aug 2006
    Posts
    7,518
    http://www.businessweek.com/news/201...n-ceo-s-office

    Hong Kong’s anti-corruption agency searched a JPMorgan Chase & Co. executive’s office in the city March 26 amid a U.S. investigation into the bank’s hiring practices, according to two people with knowledge of the matter.

    The Independent Commission Against Corruption seized computer records and documents after searching the office of Fang Fang, the company’s outgoing chief executive officer for China investment banking, said the people, who asked not to be identified because the investigation is confidential.

  3. #3

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,971
    5 Years Later

    I suspect this is the end of the investigation into the sons and daughters program @ JPM.

    The Independent Commission Against Corruption said Ms. Leung made two employment offers in connection with an initial public offering of the logistics company, which it didn’t name. The offers, it said, were made between 2010 and 2011. The agency said Ms. Leung has been released on bail and is due in court on May 20./Ms. Leung was one of two senior executives connected to an investigation into the bank’s hiring in Asia. The bank pushed them out in 2015, The Wall Street Journal previously reported. Ms. Leung, 51, later joined hedge-fund manager Serica Partners Asia Ltd.
    https://dealbreaker.com/2019/05/kar-cheung-arrest

    and

    https://www.scmp.com/business/bankin...relating-kerry