X
Latest News:
U.S. likely to target more Chinese entities over North Korea 'fairly soon'      Rescued from Islamic State, Yazidi boy longs to rejoin mother in Canada      Venezuelan business group urges government to abort congress vote      France appeals for help in fighting Cote d'Azur fires      EU extends mandate of naval operation in Mediterranean      Three aid trucks enter Eastern Ghouta: activists      Lebanese army kills two Syrian refugees in Arsal      Kurdish official says US role essential in post-ISIS Syria     
    Established by Fathi Ibrahim Bayoud 2005 - Homs

    Citi says U.S. regulators are investigating its hiring practices

    | 2017-02-25 09:10:05
    Citi says U.S. regulators are investigating its hiring practices

    Citigroup Inc (C.N) on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.

    U.S. agencies, including the U.S. Securities and Exchange Commission, are looking into whether or not the bank hired candidates "referred by or related to foreign government officials" over other candidates, the filing said. (bit.ly/2mmiCe4)

    "Citigroup is cooperating with the investigations and inquiries," the company said in the filing with the SEC.

    JPMorgan Chase & Co (JPM.N) agreed to pay $264 million in November to resolve allegations that it hired relatives of Chinese officials in order to win banking deals.











    Keywords:  US JPMorgan
    Comments (0)
    Post Your Comments
    fill all fields below
    *
    Name
    *
    Will now be shown
    *
    Comments
    811
    *
    This confirmation code will prevent auto submit