Economy

Regulators fine JPMorgan $264 million for bribery violations

By Joseph Lawler
Published November 17, 2016 4:26pm ET
Add Washington Examiner on Google
Regulators fine JPMorgan $264 million for bribery violations
The SEC had charged that JPMorgan Securities (Asia Pacific) offered internships and jobs to unqualified candidates between 2006-13 to curry favor with government officials. (AP Photo) | Seth Wenig

Federal regulators announced Thursday that they had fined JPMorgan Chase $264 million for violations of anti-bribery laws at an Asian subsidiary.

The regulators had charged that JPMorgan Securities (Asia Pacific) offered internships and jobs to unqualified candidates between 2006-13 to curry favor with government officials in a position to give the investment bank business.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Asia Crime Federal Reserve Finance Joseph Lawler JPMorgan Minusextra SEC