Because of Covid-19, nearly half of all U.S. workers are now working from home, and a majority of those want to continue working from home after the outbreak ends. Have we reached the point when some employees will have a legally enforceable right to work from home?… Continue Reading
Posts Tagged: JPMorgan
Hong Kong’s anti-corruption agency said Thursday it has charged JPMorgan’s former Asia investment banking vice chair with two counts of bribery for trying to hire the son of an IPO client.… Continue Reading
HSBC Holdings said in an earnings release Monday that the SEC is investigating the bank’s hiring practices in Asia.
London-based HSBC said it has received various requests for information and is cooperating with the SEC’s investigation.… Continue Reading
Royal Bank of Scotland received immunity from a €110 million ($146 million) fine after telling the European Commission’s competition watchdog it had tried to fix Swiss franc interest rates with JP Morgan.… Continue Reading
Investigators from the China Securities Regulatory Commission (CSRC) have targeted hundreds of mutual fund managers in a crackdown on “rat traders” to restore confidence in the country’s stock market.
Rat trading is a form of front-running in which fund managers use personal accounts to buy shares at a lower price, then sell them at a profit after purchases from the funds they manage have raised the shares’ value.… Continue Reading
Recently, I had the good fortune of hearing a partner from a leading FCPA practice discuss JP Morgan’s hiring of Chinese princelings.
Although this conduct had always seemed to me a FCPA violation, it occurred to me at that moment that I wasn’t sure exactly how it violated the FCPA. … Continue Reading