China in 2 minutes a day
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JPMorgan’s ‘systemic bribery’ in China was so blatant the bank had an internal spreadsheet to track it

T
he bank agreed to pay more than $130 million to settle charges that it sought to influence Chinese government officials by hiring around 100 unqualified relatives through a "Sons and Daughters" program, which brought in an estimated $100 million in new business.
7 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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