17 Nov 2016
Published in News

JPMorgan is said to settle bribery case over hiring in China

After more than three years of digging into JPMorgan Chase’s hiring practices in China, federal authorities have determined that the bank hired the children of Chinese leaders as part of a quid pro quo to win business in the booming nation, clearing the way for a costly punishment.

11 Nov 2016
Published in News

Hong Kong Central Bank flags Blockchain money laundering risk

The Hong Kong Monetary Authority has released a sobering assessment of blockchain — the much-hyped technology some banks are researching to cut costs — including a warning that it may raise the risk of money laundering.