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The Justice Department and the SEC charge that the investment banking giant gave jobs to key clients and government officials in the Asia-Pacific region, in violation of the Foreign Corrupt Practices Act.
JPMorgan Chase & Co. will pay more than $130 million to settle SEC charges that “it won business from clients and corruptly influenced government officials in the Asia-Pacific region (APAC) by giving jobs and internships to their relatives and friends in violation of the Foreign Corrupt Practices Act (FCPA),” the commission says. In addition, JPMorgan...
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