JPMorgan to settle U.S. government probe of China hiring: source

The bank will pay roughly $200 million combined to the Securities and Exchange Commission and the Justice Department and more than $50 million to the Federal Reserve, the source said. The SEC opened an investigation into JPMorgan in 2013 over the hiring. The Justice Department opened a parallel investigation around the … Read entire story.

Source: U.S. Government News Headlines – Yahoo! News