NEW YORK ( TheStreet) -- The Securities and Exchange Commission's anti-bribery unit has opened an investigation into the practices of JPMorgan Chase (JPM - Get Report) in China, The New York Times reported Saturday.The Times, citing a confidential U.S. government document, said the inquiry centered on whether the bank had hired the children of Chinese officials to help it gain business in China.
SEC Bribery Unit Investigating JPMorgan Chase, Report Says (Update 2)
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