JPMorgan Chase has agreed to pay $264.4 million in fines to federal authorities to settle charges that it hired the "unqualified" children of China's ruling elite in order to gain access to banking deals in that country. • /r/worldnews

JPMorgan Chase has agreed to pay $264.4 million in fines to federal authorities to settle charges that it hired the "unqualified" children of China's ruling elite in order to gain access to banking deals in that country. (money.cnn.com)

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