JPMorgan China Hiring Practices Investigation Spreads to Asia

An investigation into American investment bank JPMorgan Chase & Co.'s hiring-related nepotism in China has now expanded to other Asian countries after an "internal spreadsheet that linked appointments to specific deals pursued by the bank" was found, Bloomberg News reported. What started with the scrutiny of two specific Chinese candidates has now spread across the region, where the bank has operated for over a century. The bank is also conducting an internal investigation, reviewing the employm...